When you combine this with ever-increasing deficit spending and the fact that continued inflation will tend to push people into higher income tax brackets, qualified retirement plans become a bit less attractive.  

Can you raise the rents to cover the deficit.2.

Biden and the other politicians will run up the deficit until we have positive GDP for the rest of history.  

Are you saying everyone should drink 800+ calories of sugary beverages a day?   

In theory deficit spending is ok if it is an investment that is going to result in greater productivity that increases the size of the economy and yields more tax revenue to pay down the debt.

The year "pay as you go" was scrapped (2001), the deficit started to rise very, very quickly.

As a consequence, cities are running larger deficits and going bankrupt and the citizens in those Cities are paying higher taxes in support of amenities shared with the subdivisions (schools, arenas, etc).The initial attempt to address this imbalance of tax-base to services was an accelerating trend towards amalgamation of bedroom communities that we have seen over the past 20-years.

To work on the national deficit, we started taking funding from education (among other things), and who had to start picking up the tab?

It has nothing to do with innovation, profit, care, compassion, forethought, the deficit or any other sane components..

Sorry, maybe I should stop pointing out that nearly one-quarter of the entire nation's deficit in the 300+ years of its existence was spent by George W Bush in just a couple years in a personal vendetta to capture and kill the person who tried to assassinate his father.Yup, I don't need to point out any more that W literally destroyed a 300 year old economy (and in many respects this nation) for his personal whims...I don't need to bring it up anymore because history will always remember him as the biggest screw-up in the nation's history (except, of course, for the 18% of Americans that still supported him at the end).How is this relevant to the topic, you might ask?