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Phony Cuts/Real Taxes

July 27, 2011 - 7:38 am - by Roger Kimball
garrettc
2011-07-27 13:14:44

All very well, and might work if the debt was not piling up at an astronomic rate. At 2050 ( no so far away) we reach a dificit of 100% GDP. No country has lasted long after that. And you don’t think things will get pretty bad between now and then?