It means, a Freeper would read your constant doomposting, and give up fighting for America.
Why would compound interest care if one gives up or not?
Compound interest does not care if Freepers give up, but I do.
And again, why won't you address how Reagan grew us out of a similar situation in the 1980s?
Re the Reagan years, I just finished analysis and maybe was posting to someone else. Here:
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During Reagan “the math” said revenue would go down with lower rates.
In 6 years the revenue grew 100%.
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https://fred.stlouisfed.org/series/W006RC1Q027SBEA
A chart of historical tax receipts.
Q1 1981 $389B Note the Carter years with no tax cut
started at $204B 1976Q4 Sharp rise
in those 4 yrs (pre Reagan, because inflation and
population)
Q1 1989 $610B 100% growth would be $389X2 = $778B
This tax rev growth is about 5%/yr compounded, not 100% total
1980s population growth 0.9%/yr, NOT from birth rate.
About 28 million births over those 8 yrs. So because of immigration, the 11% pop gain concentrated in worker age people, amplifying the tax revenue increase. More people = more tax revs.
Average annual inflation in the 1980s was about 4.5%, a sharp decrease after Volker applied brakes 1979 and into 1980s. So that’s a 4.5% per year increase in the number of dollars one will see in tax revs regardless of tax rates or population effects.
Read that again. The 5%/yr tax rev increase in the Reagan years came about from 4.5% inflation. And 0.9% inflation increase, probably higher for worker ages.
There is zero evidence from this that tax rate policy achieved anything.
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And voila. Numbers always overwhelm memory.
Now about that bankruptcy court . . . .