Can Government Print Unlimited Cash?

Recently President Biden unveiled his latest spending initiative, a $2 trillion infrastructure spending plan chock-full of longtime wish-list items of the Left, including massive spending to “electrify” the entire federal vehicle fleet and a large proportion of the nation’s school buses, steps to reduce carbon emissions, and the creation of a “Civilian Climate Corps.” Ostensibly, this is just another big spending cure-all in the grand tradition of FDR, LBJ, Clinton, and Obama, to be paid for by tax hikes and other impositions  on big corporations — measures that supposedly will pay for the plan over the next 10 years or so. 

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