3 tons wrote:
Recall the newsworthy chants of “You Didn’t Earn That” and more recently “You’ll own no property and you’ll be happy”, and with $30 T in debt and assuredly more on the way (and a whopping $200T in unfunded obligations), it’s starting to look more and more like maybe “something Wicked this way comes” - lol
3 tons, firmly hunkered down in Realville
With unfunded obligations comes uncollected future revenue.
Unfortunately much of the collection could be done with inflation instead of direct tax payments. Tax cuts were the wrong direction to go until actual spending cuts are made. Either way presents a difficulty.
