You don’t have to take $2 trillion out every year if the economy takes off and generates far more revenues than it does now. That happened under Reagan. Taxes were cut but the economy grew so fast it generated more revenues than when taxes were higher.
“You dont have to take $2 trillion out every year if the economy takes off and generates far more revenues than it does now. “
You’d have to front-load cuts. Remember the squealing like stuck pigs over “sequestration” which was a miniscule reduction in the growth of government (not a cut, mind you).
Any way you slice it, it would have to be massive cuts. I agree that if this were actually done the economy would take off and generate a lot of revenue for the government - but it would take cuts to get anywhere close to where he’d like to be after 8 years.
But still had higher deficits than any of his predecessors.