Thursday, January 06, 2011

The ONLY Way to Reduce the National Debt

Maddente posts results of a study encompassing 30+ countries over the last couple dozen years.

The only answer that works is "Reduce Spending."

No tax-increase, or combo of tax-up/spend-down works.

Hmmmm.

1 comment:

  1. Wait? Kevin Hassett? This Kevin Hassett:

    http://www.amazon.com/Dow-36-000-Strategy-Profiting/dp/0609806998

    HAHAHA......

    At least the AEI gave him a gig. Hassett's gonna need something to do for the next 400 or so years until his prediction comes true.

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