>The U.S. still has an interest rate of ~1.5%, so lenders like our ability to pay...
>Much of the $3.5T bill is financed with tax increases on Corps and the Wealthiest Americans, plus significant "Offsets", so we're not putting the whole thing on the national credit card.
>Much of the Bill is devoted to increasing "Human Capital"...a very real aspect of GDP and virtually non-existent in current GOP policy...these expenditures are real investments in our human infrastructure (see link in other post on that topic).
Looking at how we got to our current level of debt, I can't help but recall that Clinton's 8 years produced a surplus...the other admins...from Reagan to Trump...didn't...and Obama saved us from turning a Great Recession into a Depression...this realization has soured me on what I now see as the myth of GOP 'fiscal responsibility'...they can and must walk the talk...we need viable opposing parties.
Glad to continue discussing this very important topic...especially with someone of substance like yourself.
Link: https://www.investopedia.com/terms/d/debtgdpratio.asp