Alton, Ia | LPaulson7 - 4/11/2025 06:20
Yes, because reagan put us into a big enought hole with his voodoo economics that the only way to recover from it was to raise taxes.
Ultimately thats whats going to have to happen if anyone is concered with our current national debt situation. Theres no about of tax cuts or cutting that going to get us out of our current debt crisis.
Actually, I've seen some projections if we go back a whopping 5 years (2019, pre covid explosion), take that budget and hold it to 1% increase annually, within 10 years the budget is balanced due to economic growth.
Both cutting and 1% are beyond the fortitude of our elected leaders unfortunately.
Edited by Oliver1 4/13/2025 08:44
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What did Reagan miss?
