03-05-2021, 04:16 PM
As a pattern, public debt tends to be paid off in a 1T. The government has wartime assets to sell, living standards improve enough so that people end up in higher tax brackets, and such new spending as there is tends to have revenue attached in the form of taxes.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.