US government policy follows the pattern of creating fiscal imbalances and then using higher taxes as a tool to justify issuing even more debt, not to pay it down—governments claim they'll raise taxes to reduce deficits but then issue new debt anyway without collecting sufficient revenue.
causalpending
Speaker
Daniel LaeríaEvidence Quote
“Increasing taxes is not a tool to reduce public debt it's a tool to justify higher public debt...they issue more debt they don't collect enough revenues don't worry we will increase taxes they issue more debt”
Created: 8/12/2026, 6:00:34 PM
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