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| For the US individually, it's simpler than this. Tariffs. Stop letting all of our goods be produced internationally. Imagine the tax base that has been lost to free trade agreements. And the military spending to keep our foreign interests safe. If we were energy independent, we would have no reason to be in the Middle East and have a huge drilling tax base to work with. If we were still importing oil, we would have tariff fees. Our federal spending is out of control but some debt isn't the end of the world because we should be able to assume some larger tax base from a growing economy in the future. That's the real key, economic growth. But the government has overstretched and now is the reason they can't get what they need (business is holding back because they see the flaws in our financial system). That said, you are on the right track and anyone with some sense knows it, but no one wants to be the unpopular one that says it out loud. | |
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crowded trades
