Is This the Wave of the Future?

The guardian newspaper, among others, as saying that now's the time for high taxes, even nationalization. Sadia: The problem is that when you use public and very so called public investment or public spending, as a lever, it's not something can last forever. We're always seing inflationary pressures a pop up in the us. And we're were australias weathering it pretty well because china keeps buying up our iron ore. But rather than spending that money on paying off our mounting debt, we're spending that money just to borrow more and keep this showe going on.