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Re:Federal Reserve Now Projects Rate Increases in 2023 as Ec... by imtringued on Wednesday June 16, 2021 @06:35PM (#27534249)
>The US government could tax the population at 100% of GDP and it wouldn't make a dent in the national debt.

Actually, it would cause the debt to GDP ratio to go up as taxable income shrinks. See Greece.

Paying off debt while everyone and their dog is saving money like crazy is foolish.

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