Write a bill asking for more government stimulus to help the economy?
Good thing we elected the guy that added another 8.8 trillion to the debt. That should go well for us.
Tax the fucking rich and pull back on defense spending
China will pay for it. /s
Haven’t you heard, there’s a Republican in the White House now, so deficits don’t matter again.
Anyway, they never mattered in the 1st place.
1. We owe most of it to ourselves, and it’s basically money supply at that point. The only real problem is we gave too much of that supply to the 1% and they’re using it to price gouge us after buying up everything
2. The stuff we owe overseas is used to prop up the dollar, allowing us to import trillions in dirt cheap imports for much less than their actually worth.
You’re problem is you’re not getting a piece of all that action, because it all runs through the government, and they’ve convinced you Government Bad™. So you leave a power vacuum the aforementioned 1% fill.
This is how the US Economy actually works, and it would be nice if more folks on r/economy knew that…
One gotta go – Army or Marines, why do we have both?
Doesn’t really matter when the rest of the world is tripping over themselves to buy as much US debt as they can.
What’s really gonna happen? We have to buy it back and pay the servicing back to our treasury?
This shit has been a political Boogeyman since day 1.
Just file for bankruptcy and wait 7 years.. isn’t that how it works?
im sure that a regressive tariff will help both inflation and debt
Too bad we can’t just make the interest payments to ourselves and just live rent free
I think we could add more numbers into this graphic. That will make me feel smarter.
14 comments
OK so is anyone going to do something about it?
Write a bill asking for more government stimulus to help the economy?
Good thing we elected the guy that added another 8.8 trillion to the debt. That should go well for us.
Tax the fucking rich and pull back on defense spending
China will pay for it. /s
Haven’t you heard, there’s a Republican in the White House now, so deficits don’t matter again.
Anyway, they never mattered in the 1st place.
1. We owe most of it to ourselves, and it’s basically money supply at that point. The only real problem is we gave too much of that supply to the 1% and they’re using it to price gouge us after buying up everything
2. The stuff we owe overseas is used to prop up the dollar, allowing us to import trillions in dirt cheap imports for much less than their actually worth.
You’re problem is you’re not getting a piece of all that action, because it all runs through the government, and they’ve convinced you Government Bad™. So you leave a power vacuum the aforementioned 1% fill.
This is how the US Economy actually works, and it would be nice if more folks on r/economy knew that…
One gotta go – Army or Marines, why do we have both?
Doesn’t really matter when the rest of the world is tripping over themselves to buy as much US debt as they can.
What’s really gonna happen? We have to buy it back and pay the servicing back to our treasury?
This shit has been a political Boogeyman since day 1.
Just file for bankruptcy and wait 7 years.. isn’t that how it works?
im sure that a regressive tariff will help both inflation and debt
Too bad we can’t just make the interest payments to ourselves and just live rent free
I think we could add more numbers into this graphic. That will make me feel smarter.
This really is as bad as climate change.
Comments are closed.