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theprof00 said:
Groundking said:

Only in terms of numbers, in terms of standard of living you actually stay the same (if not fall backwards) as the money has to come from somewhere else to be given in the first place.

The idea was that it was going to be written into debt, not come from another taxpayer.

And who pays of the debt? Oh yes the taxpayer, and doing it via debt is even worse as you drain from the savings of the economy somebody else could use to get a loan from so that they can expand their business, and it would also make the debt more expensive.