Insiders promise that giant debt is no problem-----Wall Street shrugs at Washington’s debt pileup

Wall Street shrugs at Washington’s debt pileup

• The debt poses no imminent danger to U.S. finances, economists say, so the more pressing concern should be jump-starting the economy. (meaning more free money to the swamp billionaires)

"...But investors in the federal debt, a wide range of market-focused economists and officials in the Biden administration have a firm response: Don’t worry about it right now.

The debt poses no imminent danger to U.S. finances, they say, so the more pressing concern should be jump-starting the economy to avoid the type of sluggish recovery that persisted for years following the Great Recession.

“Without further action (meaning trillions to their insider unions and political cronies), we risk a longer, more painful recession now — and long-term scarring of the economy later,” Treasury Secretary Janet Yellen told senators last week at her confirmation hearing...Read all.