Inmate Central

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RE: Huh? Are you assuming we keep borrowing huge sums when interest rates go up?

Posted by Rod M on June 9, 2021 at 20:26:07:
If you want to go to Fantasy Land, go to Disney Land.

Do you really think the politicians will do what they should? They haven't for last 60 or more years. How many times have they balanced a budget?

Seriously, you be hard pressed to tax the rich enough. You have to broaden the base, AKA, the middle class. Given our consumer economy, GDP would also suffer.

How many entitlements would need to be cut to pay for the debt?