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FedEx Discussions
The Postal Reform Act Of 2022
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<blockquote data-quote="vantexan" data-source="post: 5175228" data-attributes="member: 24302"><p>Tell it to JFK. He said the resultant economic activity from tax cuts brought in more government revenue, not less. The problem we've had with tax cuts in the past was Democrats saw the increased revenue and insisted on spending it. We're at the point of no return now. Be responsible, pay down the debt. </p><p></p><p>All the money printing has triggered high inflation. To get it under control the Fed must raise interest rates higher than inflation. So if they raise rates to 10% guess what? The government has to spend $3 trillion annually on interest to service the debt. Printing the $3 trillion won't work. We are screwed.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5175228, member: 24302"] Tell it to JFK. He said the resultant economic activity from tax cuts brought in more government revenue, not less. The problem we've had with tax cuts in the past was Democrats saw the increased revenue and insisted on spending it. We're at the point of no return now. Be responsible, pay down the debt. All the money printing has triggered high inflation. To get it under control the Fed must raise interest rates higher than inflation. So if they raise rates to 10% guess what? The government has to spend $3 trillion annually on interest to service the debt. Printing the $3 trillion won't work. We are screwed. [/QUOTE]
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