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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Steve203 ⎊❂🐝 HONORARY
SHREWD   😊 😞
Number: of 86273 
Subject: He said "grow our way out"
Date: 08/20/26 9:24 PM
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We know the GOP's universal remedy for debt is "growth". And the GOP's universal tool for "growth" is "JC" tax cuts. Meaning more debt, or more taken from the Proles. Maybe both.

Bessent on $40 trillion debt: Biden left us a mess, "We have to grow our way out"

What we're going to do - we have to grow our way out of this. And as I talked about in Asheville, we are going to talk about a U.S. growth strategy and encourage the rest of the world along with us.

Director Russ Vought and I have also been tasked with looking at fiscal consolidation.

msn.com - Bessent on trillion debt biden left US a mess we have to grow our way out

I plucked this bit out for separate comment:

We did not get here today. We were left with a mess. The Biden administration had the highest deficit-to-GDP in history when we weren't at war and we weren't in a recession.

We are certainly in a war now. Is he saying we are in a recession now?

Steve
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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