An investment is supposed to lead to greater productivity, thus allowing for lower interest rates. But billions are being spent on green-energy "investments" that won't yield greater productivity at all. A kilowatt of electricity is a kilowatt of electricity - when ratepayers pay more they're not getting more, it's just being produced differently.
You combine that with student loan forgiveness, billions going out the door in the name of industrial policy, billions more for Ukraine, Israel, etc., and just like that you've got a deficit doubling.
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