this post was submitted on 17 Jul 2025
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Economists made a model of the U.S. economy. Our debt crashed the model (www.marketplace.org)
submitted 3 weeks ago by rssbot@lemmy.bestiver.se to c/hackernews@lemmy.bestiver.se
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[–] chortle_tortle@mander.xyz 7 points 3 weeks ago (2 children)

Smetters and his colleagues published a list of suggested reforms that they think could help to fix the budget: raise the retirement age to 70, add a carbon tax, reduce social security benefits.

Wow, novel conclusion my guy.

I really wish I could respect economists, it seems like an interesting field if they weren't such a pseudo-science.

[–] TomMasz@piefed.social 4 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Anything but tax the rich. They must not cover that in the Economics curriculum.

[–] Nasan@sopuli.xyz 2 points 3 weeks ago

Never taken an economics course, but assume that their version of a required ethics course has more to do with bootlicking.

[–] HubertManne@piefed.social 3 points 3 weeks ago

maybe we could try collecting taxes since all this debt is from not doing the whole tax thing for almost 50 years.