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Please, go look at the charts of GDP and GDP per capita growth and see it yourself. What we need is growth. Look at our public loans. We have been betting for
by kfk 13y ago
Please, go look at the charts of GDP and GDP per capita growth and see it yourself.
What we need is growth. Look at our public loans. We have been betting for _decades_ that we would grow more than we are. What do you think will happen if we miss the growth bet with an aging population in need of expensive health care?
- quinnchr 13y agoLooking at GDP per capita over the past century it looks like it rises sharply around WWII and there is a slight rise in the 80s, but for the most part it has steady growth. Considering WWII and the 80s saw the highest increases in deficit spending, I think that just proves my point?