mattblancarte wrote:One thing I noticed was different about yours, IB, is that you have a declining surplus. I wonder how that would trend out to 2050, or if that is even relevant.
I noticed that, too, Matt. But being that 2030 is still 20 years away, I don't trust Congress to leave anything alone until then. I don't expect that we won't have large military expenditures (maybe another war or two - but then again, maybe we'll actually raise taxes to pay for them like we used to do) not accounted for in those calculations. I don't trust my relatively small surplus in 2030 to remain a surplus in 2030.
My estimation is that in 10 years the game is going to be fundamentally different - our relationship to the rest of the world and our domestic population profile - so that trying to budget for 20 years out is a fool's errand. I'm pleased with the short-term progress, and I'm happy to make more difficult decisions as necessary.