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To: lonestar67

Sorry, one more point.

To grow faster than today’s debt is growing, the economy would have to grow by more than $1.5T a year. Given that our GDP is about $14.5T, that’s just north of 10% a year. Even the Chinese can’t get that much growth. The US hasn’t had that high a growth rate since 1943.


68 posted on 07/24/2011 8:57:03 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: MontaniSemperLiberi

There are no costs to tax cuts. Government spending programs do have costs.


70 posted on 07/24/2011 9:10:20 PM PDT by lonestar67 (I remember when unemployment was 4.7 percent)
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