The surpluses from 1997-2008 totaled $105 billion, and the deficits since 2008 have totaled $160 billion. So according to Finance, we should be back to surpluses next year. With that back drop, when we finally get back to surpluses, what should be done?
Infrastructure development? Health transfers? Broad educational spending? Tax cuts? An Arctic strategy? A fleet of aircraft carriers? A national savings account for rainy days like the 2008 recession? Chip away at the debt? A plan for financing an aging population? Competitive investments in R&D?
Infrastructure development? Health transfers? Broad educational spending? Tax cuts? An Arctic strategy? A fleet of aircraft carriers? A national savings account for rainy days like the 2008 recession? Chip away at the debt? A plan for financing an aging population? Competitive investments in R&D?