As US debt hits $36 trillion, about 1 in 5 dollars the government spends now repays investors for borrowed money

12 comments

1. Glad we’re going to focus on reducing the big spending items like special needs education funds and food stamps. /s

2. Soon to be 1 in 4 dollars.

3. You know what we should do to fix it?  Tax cuts. 

4. just remember that our debt is someone’s savings. 

5. What happens if we go out pay the debt off with printer money over like 20 years? Would inflation be impacted?

6. [Wolff explains debt and deficit.](https://www.youtube.com/watch?v=f3rEgB2uGGg)

   This is all part of the Oligarchy’s plan to return to feudalism and make you into neosurfs.

7. Even a decade ago the us government spending is accelerating. At the point it’s pretty clear that no matter Democrats Or Republican, both want to spend more and more so that a larger portion of tax payers money is funneled to big treasury bond holders. Eventually this is unsustainable and the only way for the government to mitigate is to print more money. Screw over common people again. For the wealthy, they have a significant portion of real estate and other equities to mitigate so should be just fine if not getting better.

   Just like what the stimulus did. Rich got stimulus money first, then prices started to rise, but wages lags. Riches have their paper assets multiplied but common folks got screwed over. Rinse and repeat. The government has almost been fully bought by the big money, so their only job now is to create a diversion from the real economical issues by using all those never ending ideological arguments, like trans rights or abortion rights, etc.

   Not saying those rights are not important. like Sanders said, we can both have those rights and a working economy. But Dem doesn’t seem to have the motivation to address the economic issue. Republican is worse, who want to both those rights away (to appease their base), and screw over the economy.

8. This is why the government will just print money. Debase the current debt.

9. Under biden government employment employment increased 7%. It’s unsustainable, and we need to cut gov jobs and welfare programs to get out of this debt.

10. There needs to be a realization that Monetary policy independence isn’t enough. Democratic countries need to start thinking about the Fiscal policy independence with certain exceptions for security, law and order, etc.

11. Americans voted that they don’t care about debt

12. And $2 go to the Sudafrican illegal little Elon the felon…..by default….the biggest welfare queen ever….who hates ‘illegals ‘….oh…when he said ‘illegals ‘ are criminals he meant himself!……🤔

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