Republicans say no to tax increases. Democrats wants to save programs like medicare and education. Everyone agrees we need to cut the deficit by $4-6 trillion over the next decade. And people finally seem interested in potential inflation.
The answer for the U.S. as well as Greece, Portugal and many others? Asset Sales.
Everything from natural resources (even islands) to roads and government buildings could be sold, sold and leased back, etc. This would also reduce inflation pressures on everything from real property to all other goods and services that are sensitive to excess liquidity.
So another perspective -- would the Republicans consider raising taxes for the rich and reducing loopholes to avoid paying tolls on the Long Island Expressway on the way to the Hamptons?
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