Comment by JumpCrisscross
12 days ago
> the national debt is still increasing, although the administration is counting on tariff funds to supplement revenue
Not the debt, the deficit. The debt is the card balance. The deficit are new swipes. Nothing in the current policy package is about deficit (let alone debt) reduction.
(Valid on trade deficits. I guess we can run trade surpluses if we give up dollar hegemony. That, of course, means no more deficits.)
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