“Indeed, it is essential to reduce the budget deficit to match economic growth! We will get the 2026 deficit to ~3% of GDP. Sensible deregulation will ensure that economic growth is ~3% or higher. That will both DEFEAT INFLATION and REDUCE INTEREST RATES for all Americans! [@RayDalio] Thanks for the correction, @elonmusk. It’s great that we can have a good exchange about such economic things. When I said Chinese manufacturing production is greater than that of the US, Europe, and Japan, I meant to say that it is greater than the US, Germany, and Japan…)”