Ted, I was kidding earlier - even Sun Tze could see that.
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Originally Posted by tabs
Increasing debt service negates increased tax revenue...at least to some extent?
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Depends on growth and reform of indexed, non-discretionary spending, the largest part of the federal budget. The easiest way to reduce the debt is to freeze spending at current levels and eliminate all mandated increases in spending based on inflation, etc. Do that for 5 years and we are done with debt.
There is so little in the budget that is actually discretionary spending.
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Originally Posted by tabs
Decreasing an onerous regulatory environment gives business some breathing room. Which increases confidence in their sustainability. A real T plus
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This was where T has done his best work. It is still early in the China negotiations but reworking NAFTA, easing really stupid federal paperwork drills, signalling a more positive attitude towards energy independence, etc. has done wonders.
The current unemployment rate is near full employment - there is a percentage of the workforce that will never work regardless.