The money the U.S. is spending is almost unsustainable now. Federal tax revenue at just 120% isn’t enough to cover interest, welfare, and defense—this definitely won’t work. Even if the new Fed chair wants to raise interest rates to control inflation, they can’t, because government spending is too high. Raising rates would only make the interest payments even larger. So monetary policy needs to listen to fiscal policy, not the other way around. Something like DOGE is definitely not feasible—anyone who understands numbers can see that. The most important thing right now is to see how the government handles the debt ceiling and the budgets for welfare and defense. Everything else is just pointless tinkering. U.S. fiscal policy, monetary policy, DOGE
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