Texas/New Mexico Stateline | Honest question for you financial gurus: What would happen if we could manage to slow government spending/borrowing and could also simultaneously increase our GDP a good healthy percent above our current lethargic average of about 2-2.5 GDP. ????
Seems when a family is deeply in debt, they set a fixed budget and do everything they can to increase income.
I doubt it would ever happen, but my feeble brain says we could gradually get the debt situation under control if we had a stronger economy with more people working and producing stuff.
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