Posted 5/24/2015 17:38 (#4588687 - in reply to #4588393) Subject: RE: Mathematically Impossible
Hmmmm......chart 4.01 at your first link indicates that debt as a percent of GDP was higher after WWII than is is today. That high gov't debt
wasn't tragic to the economy then (top income tax rates were 70-90%) and we reduced the gov't debt dramatically. Why is this impossible now?
Mathematically Impossible
