The rallying cry to "Make America Great Again" is frequently invoked, but we will never achieve lasting greatness until we reject a fundamental economic delusion: the deficit myth.
For decades, politicians have treated the federal budget like a household kitchen table, warning that national debt will ruin us. This is a profound misunderstanding of a currency-issuing sovereign nation.
When a government prints its own currency, deficits are not a sign of overspending — they are a direct injection of financial resources into the public and private sectors. Outdated austerity measures do not protect our future; they starve it.
We only need to look across the Pacific to see the tangible results of bold national investment. China does not view government spending as a burden to be minimized. Instead, it uses sovereign spending as a powerful engine for progress.
By funding massive state-directed initiatives, China has pulled hundreds of millions of people out of poverty, built the world’s most advanced high-speed rail network and positioned itself as a global leader in green technology, artificial intelligence and quantum computing.
While American infrastructure crumbles under the guise of "fiscal responsibility," China treats its spending as a long-term investment in its people and its global standing.
America’s greatness was never built on balanced books; it was built on massive public mobilizations like the New Deal, the Interstate Highway System and the Apollo program.
If we want to compete in the 21st century and truly improve the daily lives of everyday Americans, we must stop fearing the deficit and start leveraging our currency to build a brighter, more technologically advanced future that benefits all people.