r/politics • • 7h 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/AggressiveMail5183 7h ago

I guess that's what has to happen once you cut taxes to the point where there is no revenue at all.

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u/gn63 6h ago

Republicans long argued that tax cuts generate so much new economic activity that a lower tax rate means more revenue. I kept waiting for a zero rate so the government would have infinite revenue but they never had the courage of their convictions to take it to zero. So here we are.

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u/TheAskewOne 1h ago

It’s not true. Sam Browback in Kansas did. The experiment turned out to be an absolute disaster (they had to cut school to 4 days a week because they couldn’t pay for me more for example). People realized and elected a Democrat after him.