8537
VIP Member
How about a balanced Federal budget instead?
After we get back to something approaching full employment? Then it might make sense.
That isn't going to happen again in the US. Not wihtout a severe change in policy of several variety. So, never.
For the purposes of this discussion, let's define full employment as a U3 of 5.0%+/- and a U6 of 10%+/-. Is it your contention that we'll never return to those numbers?