The debt problem is a big concern, but first they have to get elected so not going into details on it doesn't bother me. One suggestion I heard about the debt falls in line with raising tariffs and expanding energy production. The idea I heard was open ANWAR and place a royalty on every barrel produce with the stipulation that the monies can only be used to pay down the debt, not the interest but only the principal. I think it's an interesting solution.
If that’s the Trump/Vance solution for the debt, then we’re screwed.
For one oil prices are volatile. And a cost more to drill up in the Arctic. And you can’t pay down the debt with tariffs because The last time Trump enacted tariffs we had to bail out the farmers
Name one benefit to the economy the first time Trump enacted his trade policy. How did Trump’s tariffs from the last time benefit American businesses and American consumers? I will give you the answer…. it didn’t. In fact, it ended up costing the economy
The definition of insanity is doing the same thing over again and expecting different results
But let’s say we drilled in Anwar and every oil company ran up there ready to drill oil and didn’t care how much it cost.
I have seen for everything up to including royalties, federal and state tax as high as $400 billion. We have a $34 trillion deficit. That’s not even a drop in the bucket