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To: Owen
$840B in interest. That ain’t gonna be fixed by . . . anything.

We'll just pay more in taxes and yes, we'll borrow more.

At some point, we'll have to inflate our currency just like Argentina.

But we will make sure we'll be able to pay for all of our welfare.

32 posted on 01/21/2024 8:08:25 AM PST by MinorityRepublican
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To: MinorityRepublican

Taxes can never rise to that level.

GDP is a formula. GDP = C + I + G + (X - M)

Consumption, Investment, Govt Spending, (exports - imports).

You can spend your way to GDP, but taxes reduce Investment.

There is no answer. This is the fundamental truth that no one can talk about or accept and certainly not campaign on.


34 posted on 01/21/2024 8:35:18 AM PST by Owen (.)
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