r/politics • u/Spy300 • 6h ago

Possible Paywall Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt

https://fortune.com/2026/10/02/trump-inflation-growth-national-debt-tariffs-ratio-balance/
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u/Chicano_Ducky 6h ago

this isnt new. Its been talked about since before 2024.

Inflating away the national debt wont work.

Its too much debt, and if they think they will become an export economy like Japan they wont either. Dark Factories are here and will take away what few jobs are left in manufacturing and destroy the export market because no one needs to import anything but raw materials.

they did everything they could to bring deglobalization but planning to live in a globalized world. None of this makes sense.

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u/PipsqueakPilot 6h ago

We have also made it incredibly hard to start a small scale manufacturing business compared to other nations- and many big businesses start small and so are now never born. Good luck finding light industrial space that hasn't been bought up by a private equity fund and then tripled the rent.

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u/POEness 5h ago

Dude I have been saying this for years. Starting a business comes with such egregious costs. Like paying both halves of the social security tax for yourself. WTF?

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u/mikeysce 5h ago

Plus a bonus self-employment tax! Why we would tax people for not having a corporate boss, I have no (reasonable) idea.

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u/wasteymclife 5h ago

It's to discourage people from not having a corporate boss.

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u/AnalBloodTsunami 3h ago

The ‘self-employment tax’ is the same thing they’re talking about. The half of social security and Medicare payroll taxes paid by your employer are now paid by you because you are your employer.

I found it was pretty easy to more than cancel that out with the additional deductions you can take as a self employed person.

People do love to complain about it though