Trump economists say the most unbelievable things

Trump administration economists’ latest debt-reducing mantra is a throwback from 15 years ago. It might have worked back then. Today, the suggestion is nothing more than a diversion tactic to make voters think the administration has a realistic plan for reducing the government’s debt.

Treasury Secretary Scott Bessent recently told Sara Eisen of CNBC, “There’s nothing magic about the $40 trillion number, and we can grow our way out of that.” He made a similar claim to reporters before the Group of 20 finance ministers meeting in North Carolina: “The world is awash in debt and the only way for us to get out of this is to grow our way out of this.”

Read the entire article in The Hill