I hope you are right, Madam Secretary, that it is short-lived, but because of the amount of money that is in this pipeline that is going to go for years to come, I am afraid that this amount of Federal spending is going to keep the inflationary spirals for a while.
Womack expresses concern over federal spending leading to prolonged inflation.
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The deficit and the debt on this country, more so now than ever before, to be an existential threat to national security.
I do not think anybody with a straight face can project that ridership is going to reach pre-pandemic levels.
stabilizing the national debt should be a top priority, not just this administration, but I think there is a clarion call around the country for us to do something about this unsustainable trajectory that we are on.
I don't necessarily subscribe to that notion that we have to be like the rest of the world.
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