Is this the only way a government can keep the balloon of our economy from exploding? Of course not. They can spend more to help working class people afford the goods and services that are available, even during a time of high inflation. They just have to raise taxes - particularly on the 1% at the top of the wealth pyramid - enough to cover the difference. If they raise them a bit more than they increase spending, they can even help deflate the balloon a bit while they're at it.
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