Makes a flat treasury curve. All levels of government is busy paying ten and thirty year obligations, with debt, at the moment. The extraordinaries came just in time to suddenly stop all discretionary spending. At least one quarter of this.
A government with no discretionary spending lacks utility to the voters. AOC and her bunch grew up when summer jobs an entry jobs were vanishing. They feel left out, and what they crave is discretionary spending to grease the wheels.
Chambers Brothers:
Time has come today
Young hearts can go their way
Can't put it off another day
I don't care what others say
They say we don't listen anyway
Time has come today
Once you melt the ice it is hard to refreeze.
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