11-17-2016, 04:04 PM
(This post was last modified: 11-17-2016, 04:05 PM by Warren Dew.)
I suspect I'm the only one who actively wants more debt, because I think it's necessary to the ideal handling of the demographic slowdown. Japan has shown that a debt level of 3x GDP is sustainable and even good, given that the demographic slowdown causes exceptionally low or even negative natural interest rates. We're far below that.
I suspect Galen wants to reduce spending to the point that taxes can also be reduced while reducing the deficit, though I'd be interested in hearing from him.
I'd also be interested in hearing from Classic Xer.
I suspect Galen wants to reduce spending to the point that taxes can also be reduced while reducing the deficit, though I'd be interested in hearing from him.
I'd also be interested in hearing from Classic Xer.