So what do you think about this?
Higher taxes are the most obvious and transparent price, but these are more controversial than alternatives and face resistance. Deficit spending along with the attendant inflation ends up being a tax, too. Not merely a tax, it is a transfer from those who have low wealth and who depend on wages to those who are already wealthy. The inflation that comes with deficit spending inflates the price of the wealthy’s assets, making those assets more valuable to the holders and more scarce to the buyers.
In addition to being oversold and a bit annoying, Ocasio-Cortez has a bigger problem. Like the rest of the Left, her pretensions of helping the poor through large deficit spending ends up being an act of wealth redistribution that works in reverse: shifting wealth from the poor and middle class to the rich through inflation.
AOC’s Policies Hurt the Poor and Help the Rich
Billionaire hedge fund owners pay much less on their investment income than the salaried schlubs
https://amgreatness.com/2021/09/19/aocs-policies-hurt-the-poor-and-help-the-rich/
