Good post.
If we can ever get to 4-5% growth, do that for a while and get a handle on spending...we might be able to fight off the specter of debt disaster. Granted, we would need to do that for more than a few years, but...what is the choice?
I don’t think I like the other choices.
I think we can grow @ 6 to 8% and Kudlow has hinted to it and in an interview w/ Hannity PDJT mentioned we should be at 8 or 9%, and I thought I was nuts! I guess I wasn't crazy after all.;-)
I laid out eons ago why I think we could be @ 6 to 8% here on FR, w/ all the effective changes at the margins Team Trump have been enacting to pick up a 1/2% here and greater and It added up to +6%. I laid my case out to 2 high performance business / market wonks in my circle and they said no you are not crazy.
It is getting tough to search FR on google and other search engines and IMHO they are shunning us, I know I have tried...
I look at the economy like Omaha beach. The only way to survive is to go forward. Pull out all the stops, open all the valves and go for it THERE IS NOTHING TO LOSE.
You mean cutting spending and abolishing worthless agencies, freezing federal hiring and getting rid of “baseline budgeting?” Is that what you had in mind?