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An Economic Model for US

Reading the WIkipedia article about the economy of Estonia I found the following paragraph:

A balanced budget, almost non-existent public debt, flat-rate income tax, free trade regime, fully convertible currency backed by currency board and a strong peg to the euro, competitive commercial banking sector,innovative e-Services and even mobile-based services are all hallmarks of Estonia's free-market-based economy.

Here we have a model for the United States.  One which eschews debt, progressive taxation and encourages competition.  This is what I would describe as an economy that people can believe in as it has resulted in some of the most dramatic economic growth of any European economy over recent years.  Why cannot we do the same here in the US?  We need to look to a new economic model for the US.

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