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President Joe Biden's Full Inauguration Speech [VIDEO]

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austin_blue1/20/2021 5:10:19 pm PST

re: #259 aagcobb

Tomorrow, Hannity will ask why Biden hasn’t balanced the budget.

The only one way to balance the budget this year is to raise the highest marginal tax rates to 99%, treat Capital Gains as income (indexed for inflation), chop the DoD by 20%, and pray for a cubic kilometer of gold to appear inside Ft. Knox. And that might not even do it.

I don’t think Hannity would be happy about that.

The fact is that we are selling debt at a cost to us that is = to or < than inflation. Adding debt while slowly changing your tax structure is just smart in such conditions.