47 sats \ 3 replies \ @398ja 8 Nov \ on: The Tax Burden Death Spiral: How Growing Government Stifles Economic Progress charts_and_numbers
Consider this: Every dollar that goes to government is a dollar that can't be invested in productivity-enhancing innovations. It's lost in the welfare machine.
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In his latest podcast, Peter Schiff explains why reducing gov spending is almost impossible, at least for the US. It's just too late and Congress will never allow it. The withdrawal syndrome would mean political suicide. https://fountain.fm/episode/iu4PRkTRmWnIgURq5LrN
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0 sats \ 2 replies \ @TomK OP 8 Nov
If the new gov breaks the power of the military complex like Kennedy tried and executes the Monroe Doctrine it's easily done.
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47 sats \ 1 reply \ @398ja 8 Nov
Honestly, I doubt this will ever happen. I have more modest expectations: immigration, Ukraine war, health, and as a nice to have, bitcoin.
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63 sats \ 0 replies \ @TomK OP 8 Nov
This would really be enough to bring real change
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