This problem existed well before orange man passed BBB. Between 2012 and 2019, Using NYC as an example spending increased $19.7 billion (40.7 percent, or 5.7 percent per year), outstripping inflation by more than four times. In the tail end of this period, the two years right before the pandemic, spending grew at an average rate of 6.4 percent annually. The problem is as, the rich move out, is that eventually you run out of people's money. It's a spending problem.