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[Pat Mustard]

we're running up "unsustainable" deficits

You're printing your own money you blithering idiot! As long as the money is used for projects with a good RoI* (and frankly the kind of infrastructure and social provision projects a government typically involves itself in tend to provide RoIs in multiples of what's being invested), there is no such thing as an unsustainable deficit (well, that is if you tax the people who gain the most monetarily out of your investment projects, something modern governments are shit at).

*Return on Investment