“’We owe that to ourselves.’ WTH does that mean?”
It means we will continue to spend until there is no more money to borrow. At that point we will determine who will pay and it won’t be “ourselves” it will be you.
One of the reasons for the whole “Climate Change” ruse is to get people to spend more.
Capitalism constantly needs new markets and forcing people to spend to keep it afloat. If everybody is happy with what they already have, consumption dries up, and the economy collapses.
So, what do you do. Tell people they cannot continue to use what they already have, they must go and purchase a new version of the thing, that was already working perfectly fine, hence EVs.