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sdholloway56
Senior Advisor

TX secession

it is a modest net taker from the Fed government, so it will be a good thing, all in all.

We’d have to shrink some common programs like defense proportionally. 

And they’ll have to come up with a plan for how they’ll settle up their portion of the national debt. Issue bonds in TX pesos and convert to $s on international exchange markets.

We can settle up the SS and Medicare “trust funds” with them and then it is their problem.

 

1 Reply
rickgthf
Senior Advisor

Re: When you count all the tariffs we can charge them it will be a money maker.

There isn't anything Texas has that we can't do without including the ever-diminishing demand for oil.  What they have to sell we can tariff the hell out of it so it'll all be good.

  After all, just taking a lesson from their fearless leader.