A supposed moderate, Phillips has assigned the national debt as personal debt of the affluent. Problem: they're the creditors, not the beneficiaries. They had no veto over the spending that ran up the tab, didn't benefit from most of it, and never agreed to finance it.
Dean Phillips (@deanbphillips)
700,000 American households (the top .5%) hold $40 trillion in assets.
Our federal debt, essentially a credit card for the affluent, is also $40 trillion.
Does anyone agree we must acknowledge the debt disaster and develop a payment plan?
— https://nitter.net/deanbphillips/status/2065460905186668906#m