At the same time, wasteful thoigh it might be government spending presumably doesn't just go down a black hole. The working man receives a service or at least the fringe benefit of that money being circulated back into the economy.
Either way, any use is more beneficial to ordinary americans than having the rich horde billions of taxable dollars in offshore accounts.
Hoarding money isn't actually bad for ordinary Americans. It removes money from circulation, which the Fed can make up for as necessary to regulate inflation.
Either way, any use is more beneficial to ordinary americans than having the rich horde billions of taxable dollars in offshore accounts.