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Effective Strategies to Shrink the Deficit
A high-level look at what’s possible The federal deficit is about $1.5–2 trillion per year. We can’t ignore it forever — but the usual arguments (raise taxes, cut benefits) miss the bigger picture. Here’s a smarter path that could shrink the deficit by up to half over time — without hurting families: – Reduce healthcare…
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Why Education Should Drive US Economic Strategy
The United States should focus its economic strategy on education, not broad-based tariffs aimed at job creation. While tariffs may offer short-term political appeal, they are a blunt instrument that misunderstands the realities of the global economy. Many of the jobs lost to globalization were labor-intensive roles that either became automated or shifted offshore to…
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Debt Reduction Through Growth: A Smarter Alternative to Austerity
There’s a Better Way to Reduce Debt Than Austerity The national debt and deficits are real challenges that, if left unchecked, could lead to major economic consequences. However, the approach we’re seeing now—cutting without a clear plan for growth—creates uncertainty and risks slowing the economy. And when the economy shrinks, tax revenues fall, deficits grow,…