Re: “Trump’s ‘Golden Dome’ Missile Shield Expected To Cost $500 Billion”

On 03/06/2025 18:55, William Hyde wrote:

Paul S Person wrote:

On Mon, 2 Jun 2025 18:16:04 -0400, William Hyde <wthyde1953@gmail.com>
wrote:
>

Lynn McGuire wrote:

On 5/30/2025 11:32 AM, Paul S Person wrote:

>

>
Many people of gone through the numbers, taking every penny of the rich
will not be even close to fixing the USA debt.
>
The only way to fix the debt problem through taxes is to tax the middle
class to death.  And the uniparty is rightfully scared to do so.

 Should have said "deficit" there, rather than debt.

>
In 1993 the Canadian federal government debt was 12.2 percent of GDP.
The net government debt was far worse, as our provinces were far deeper
in debt than your states are allowed to be.
>
The currency was so weak we began to call it the "Zloty".
>
The Liberal government eliminated the debt in five years, and we had
surpluses up to the Wall Street crimes of 2009.

 Again, "defect".  I really should proofread these.

Deficit?  "The amount by which expenditures
or liabilities exceed income or assets."
In government, deficit means borrowing money,
i.e. increasing your debt.  If you have a lot
of debt, then borrowing more money is hard
to justify.
A government can just print more money, yes.
But it seems to be generally believed that that
doesn't work.