Bob Wyman on Nostr: When the economy is strong, the government should raise taxes and lower borrowing. ...

When the economy is strong, the government should raise taxes and lower borrowing. When the economy is weak, taxes should be reduced and borrowing increased.

The economy is strong. So, we should be raising taxes on the wealthy and on businesses in order to reduce the deficit and we should be borrowing less. This stuff is much less mysterious than some would have you believe.

https://www.nytimes.com/2023/10/10/opinion/us-budget-deficit-interest-rates.html