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The One Cent Solution

Posted on May 8, 2011 at 9:00am 0 Comments

The One Cent Solution

Link is to the One Cent Solution.  If we never raise the debt ceiling 10% of deficit spending by the government will be instantly pulled out of the economy and US GDP.  By classic definition of a depression = 10% reduction in GDP! Now if I could predict the future of what congress and future administrations would do or not do as far as the deficit I may be in support of a permeant ceiling on the…
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