The debt IS money since we corrupted the currency system back in...1913/1973 (off the gold standard. The more debt there is the more money there is... trouble is, we can't pay our bills without borrowing more. I can't imagine politicians taking the pain... so... they will work a deal and increase the limit.
we've been broke a long time and borrowing from the future to pay for today. The numbers you see are a lie, doesn't count everything they've promised.
they will do what they've always done... steal... by way of inflation and taxation. They will raise the debt limit, work a "deal", and continue stealing the savings out of your bank account, your future childrens bank account, and everything else they can... because it's the least painful option. Everyone likes someone who hands out $.
We lost our values, work ethic that build the country. We lost sound financial management built ontop of a solid currency backed by something real and rare. Our currency is corrupt. The root issue being... politicians cannot say "no".
It will be "ok". Learn to play the game well, prepare for a rainy day always.
Technically the US won't run out of money, they still have income... they just can't borrow anymore.
They should be saying the credit card from the country is hitting its credit limit.
The country has been in debt my entire life, it has just gone up up up some more.
Neither party knows how to cut spending, but Democrats tax and increase spending and Republicans cut taxes.
Either way it doesn't have to be painful unless those in power make it so.
Example, Social security has a 'special' tax that will still be taking in money and payments should still be going out. After all we have been told it won't run out of money until 2033 or something like that, the date has changed a few times. If the money is there and still coming in, no reason for those payments to stop.
Missing a debt payment is also BS. The country could literally pay the interest on the debt to service it first, THEN figure out where the rest goes and what doesn't get it all and what needs to shut down.
This is how us normal people have to operate. We don't get to spend money on what we want first and they say, oh not enough for the debt can't pay it. We have to pay debt FIRST then figure out the rest.
However I expect those in power, to intentionally not pay the debt first... which would be extremely destructive. Lower the credit rating of the country and make interest rates go up. The USA is already paying 700 billion a year (give or take) on servicing the debt. That is as much as the entire Defense budget.
Just think if they could eliminate the debt, they'd have 700 billion more to spend on something else.
Oh, don't worry. They'll just print more of the stuff. 'Quantitative easing' they call it. :) You know, because 'merica is 'Number One', 'indispensable', and has the world's largest military, so it can do whatever it likes, and damn the consequences, and damn reality. Yeeeeee-hah!
I thought India was bad... but damn, USA is TERRIBLE. American politics is shitty af. People are getting too involved in it and are fighting with each other (sorry, I had to say that) I'm moving to England!
The country has just been riding up the debt for so long it is going to collapse at some point regardless.
They've brought in so many millions of illegals for so long with no skills or education... they aren't loyal to this country... they know nothing of this country or history... they are going to go on welfare and government assistant and the entire demographics of the country have been changed outside of the will of the people... you don't have a unified nation of people of the same culture that care for and love their country... you have 30 different balkanized groups that only care about their own race or own issues that apply only to the culture of the country they came from... and so many are on government assistance that taxpayers have to work and pay for that there really is no incentive to even work or try to get ahead... the government takes most of it and gives it to people that just broke into the country a year ago and couldn't care less about the country. You might as well just quit your job and get in line for a hand out. The country is dead anyway. It may chug on for few more decades getting weaker and weaker and more divided but the country cannot be fixed. Politicians over the last few decades have destroyed it.
Immigrants are some of the hardest working people, the notion that immigrants are lazy is bullshit.
Even the “low skilled” immigrants work hard. Immigration is one of America’s strongest points, immigrants have contributed a lot to the economy. They work at high rates and make up more than a third of the workforce in some industries.
The average American is far more lazy than the average immigrant and that’s cause the average American is born oblivious to the real world. All they know is America and nothing else.
The US debt can be attributed to the many pointless wars that have been fought over oil as well as economic recessions.
You see... there you go. First IMMIGRANT is someone that applies for immigration... gets vetted, gets let in... takes a citizenship test... etc.
Few do that.
It has been an open sieve for years to where MILLIONS... not a few thousand... I MEAN MILLIONS of 100% unknown strangers come in endlessly.
They weren't vetted. They weren't invited in they just sneak in.
No country can handle that. Immigration HAS to be at levels that the country can absorb, the assimilate, get jobs, join the culture, know the language... the numbers of people have to be low enough for the country to absorb the influx. Well that is out the window, the country is being overrun. Millions flow in endlessly.
Also, you take the fact that "immigrants are the hardest working people" because SOME are you treat it as a blanket statement that EVERYONE is. That is where us VETTING them comes in. We have to know how many... who we choose to let in and who we say NO to. That is NOT HAPPENING. Millions just sneak in and hide and work off the record and we never even know about it.
You 100% ignore the human trafficking aspect. You 100% ignore the rampant drug cartel influx and gang activity. You 100% ignore the crime and poverty. You just hear about a few nice, sweet cases of immigrants and then you apply that to every single one of them and then you act as if the USA should have NO SAY on how many we take. You think every person on earth that sneaks across the border should be allowed to stay and should be welcomed here. You don't think we should have any say or control over how many per year and in choosing who we let in and who we don't... instead of something RATIONAL like a max 100,000 or 200,000 per year that have been VETTED and accepted... you support no vetting... everyone that sneaks in gets to stay... you don't care how many MILLION per year it is. You know some hard working immigrants so therefore open the flood gates and let everyone in... even all those we don't even know who they are or have not been vetted.
Instead of accepted a limited number each year that have been strongly vetted and in which a lot are told no... you support unlimited millions just pouring in non stop.
My gosh... can you get any more off track and bring out any more of a red herring than bringing up wars? Oil? What the hell does that have to do with anything? The topic was immigration and you tangent off in to "oil wars"? WHAT?
And I never said it was all immigrants, one would assume that someone with minimal brain capacity would be able to understand I don’t literally mean all immigrants.
The whole immigrants are bringing in crime is a xenophobic attempt at banning immigration.
The Uniform Crime Reports released each year by the Federal Bureau of Investigation (FBI) demonstrate the decline of both violent crime and property crime at the same time that the foreign-born population has grown.
From 1994 to 2005, the violent crime rate overall declined 34.2 percent, reaching the lowest level ever in 2005. In particular, homicide rates fell 37.8 percent to levels last seen in the late 1960s, robbery rates dropped 40.8 percent, and assault rates declined 31.9 percent {Figure 1}.14 Moreover, the proportion of serious violent crimes committed by juveniles decreased during this period and the number of gun crimes stabilized at levels last seen in 1988.15
The property crime rate as a whole declined 26.4 percent between 1994 and 2005. Specifically, burglary rates have stabilized after years of decline, theft rates reached the lowest level ever recorded in 2005, and motor-vehicle theft rates leveled off after 2000
If immigrant are bringing in crime than their would be a correlation between more immigrants coming in and crime rates increasing? But that isn’t the case, im assuming you’re just pedaling in the garbage you hear on tv cause you don’t even provide any data you just go on an angry incongruent rant.
You’re quite literally assuming my position out of thin air, lol. I’m saying let’s treat immigrants like human beings, maybe don’t lock them in cages like animals? Maybe don’t whip refugees at the border?
I’m looking at what the facts and data tells me. And it consistently shows how immigrants contribute a lot to the US economy.
In the United States, human trafficking tends to occur around international travel-hubs with large immigrant populations
I listed several points as to why the country has passed a point of no return. Too much immigration balkanizing the country to where there is no more unity but 30/40 separate little subgroups always bickering and blaming other groups instead of ONE UNIFIED NATION... was ONE OF THE POINTS I LISTED AS a reason for the agreement that we are screwed and it is forever irreparable.
You responded to the immigration angle and brought up wars.
I 100% laid out what HEALTHY IMMIGRATION WAS... a controlled number... not unlimited... everyone vetted. The USA selecting and saying yes to those we've decided to accept and no to others... the number being limited because we can only accept so many per year.
Unlimited, non vetted, overflowing immigration (invasion actually) I am against.
You totally ignored my very rational... fully explained contrast to good immigration and bad immigration and throw out this complete LIE and just make up shit by saying "The whole immigrants are bringing in crime is a xenophobic attempt at banning immigration."
You are so intellectually dishonest that you are not even worth communicating with. I don't speak with flat out liars whom you can say "the sky is blue" to who will then turn right around and lie and say that I said "the sky is pink".
$8 trillion used in Afghanistan, Pakistan, and iraq. The federal government has spent $2 trillion between 2001 and 2019.
taxpayers spent $13.34 trillion on the U. S. military from 2000 to 2019. No other country’s military outlays come close.
the U. S. military budget in 2019 exceeded the next 10 countries’ defense budgets combined and singlehandedly accounted for a hefty 38 percent of military spending worldwide.
Right at the moment, money is really cheap to borrow, but it only makes sense if the economy grows quickly (which it will, if the bill is passed). What's happening at the moment is not just that Republicans are voting against raising the debt ceiling (even Biden has done that in the past), but they are filibustering it, making it impossible for the Democrats to raise it unilaterally without essentially abolishing the filibuster.
McConnell wants one of two things to happen.
1. The US goes into default, and they get to blame the Democrats, or 2. The Democrats abolish the filibuster, which means next time they're in the majority, they get to push through horrible things, and blame the Democrats.
There's been a steady ratchet of Republicans behaving unreasonably, according to all previous norms, the Democrats responding, then the Republicans extending that response in their own interests. (Just ask nightdrot, who couldn't come up with any exceptions to that pattern before he blocked me.)
Look, for example, at judicial nominations: more nominees were filibustered during Obama's administration than all other presidents' nominees put together. Democrats responded by eliminating the filibuster on non-Supreme Court nominees, and Republicans promptly filibustered Merrick Garland, and dropped the filibuster for Trump's Supreme Court nominees, lying that the Democrats did it first. The result is a total of 4 "justices" on the court who were confirmed with just over 50 votes, one replacing RBG who was confirmed by 98-0.
There has been talk of changing the filibuster to require 41 senators to maintain it by being present in the Senate, and for them to have to actually debate the issue. Neither of these things would be an impediment to genuinely held convictions of a party. However, the short timescale to fix the problem might mean such a change comes too late.
I just learned of one more thing that McConnell wanted: for the Democrats to use up one of the three reconciliation bills they're allowed to use in a year. They are the only way to pass legislation McConnell doesn't want, thanks to Republican obstruction, filibustering everything.
USA is not only fucked officially but practically also fucked due its hedious, hateful policies toward small and poor nations by invading and occupying their land and resources by force with the help of NATO and its allies. Still oil resources of Iraq, Libya and Syria are in the control of USA, killing of millions of people and looting trillions of Dollars during invasion of Iraq , Libya, Syria and Afghanistan. Now suffered shameful defeat in Afghanistan and ran away leaving many puppets and equipment at the mercy of Unarmed Talban
Money literally doesn't exist. None of the big nations are gonna be fucked the next years.
They have their shit to carry.
From my point of view (germany), Id say the US is fucked ever since trying to be the world police. Every war after world war 2, total fuck up. Money waste, resources and worst... lifes of soldiers driven to death for utterly senseless reasons.
Its good that the US allied to end nazi germany.
Almost every country in the world has debts.
The US has more critical things to worry about then being in an all time debts high
Eventually even the interest payments on the debt will become unsustainable and we will have to default. There are some people who will get hurt who own government debt and this debt is the collateral for a lot of economic functions and retirement accounts so it will be extremely messy. Anyone buying govt debt in the future would demand higher interest payments and this would have implications for anyone who borrows money for homes cars credit cards etc. social security and medicare programs will have to take a massive haircut. The only other alternative to default is for the federal reserve to monetize the debt which means buy the govt debt en mass and print the money out of thin air, normally the market does most of govt financing but the fed would have to take on a larger role. This makes our savings worth less and is effectively a tax increase on everyone using dollars.
What currency are the debts in? Roubles? Yuan? Euros? What, they're in dollars, which the US controls the supply of, and can simply "print" any amount overnight? If you had a printer that could print currency, would you ever default on a debt?
@goaded who will pay the interest payments when they get too high? The tax payers? No there will be a revolt. The fed can't just hand the treasury a stack of money the way the system is currently designed. There is a deliberate separation of powers between the central bank and the federal govt. There is also a cost to using the money printer in the rise of the general price level nothing is free since the govt can't print goods and services.
There's an argument to be had that there are too many dollars in circulation, but the fact remains that debt in currency you control is not going to default unless a minority of representatives of a minority of citizens is allowed to use procedural tricks to ensure it, and that's their doing, nobody else's.
We’re already in an economic recession but Joe Biden is going to do is make it a depression like the 1930s. Now of course that means nobody’s going to get their Social Security payment nobody is going to get any sort of welfare benefits nobody is going to get any sort of government subsidies so Ford. Chevy and GMC Will be going out of business sense they take government subsidies at the yin Yang and of course it gives China the go ahead to kill the people of Taiwan
It depends, the debt ceiling affects the way America spends money. Federally, if we don't raise the debt ceiling (which is the current issue), then we will see a economic crisis, the problem is that we have a debt ceiling at all. The debt ceiling, in simple terms, controls how far into debt America can role, and how quickly we can pay it off. IF we get rid of the debt ceiling, there is a chance we can avoid a economic collapse, and that's about how much I know on this topic right now.
Not really a big deal tbh. Do you know how many countries are in so called "Debt" yet are running mostly fine society wise. Hell they've had this "Debt" for a long ass time. I think you will find in 10 years time they will be in so called 35Trillon "Debt" but yet you will be living mostly the same among the people around you.
Also in debt... Coughs coughs the country that spends most money on military and don't seem to worry about that or cut it infact just increase it all the time. In debt lol
Course of action is fairly simple. First, you raise the debt ceiling. Second, raise taxation.
It’s best not to stress out that much about higher debt (unless it is extremely high). The nature of the USA with it credibly paying off its liabilities and with it having a very strong economy means it can have high debt.
We have been broke forever that's why China owns three-quarters of the United States because we keep borrowing money from them and not paying them back so we give them land believe me you think this is fucked just wait it's all coming
Oh hey the thing libertarians have been predicting for decades is happening. How shocking, it's almost like printing money outta your ass is gonna have consequences, who knew?
Blaming the tax cuts for this is like saying that you were 3 grains of flour short of making bread when you didn't have flour in the first place. The tax cuts amounted to less than 3 trillion bucks, meanwhile the debt is just a bit higher than that. You can dump all the imaginary money into the economy but that has its consequences, those that are now unraveling before our eyes.
Aha, thank god nothing notable happened in between the Bush administration and now. What a shame that all the dipshits didn't then vote to increase taxation or is a decade (or over a decade actually) just not long enough? Shame they didn't reduce spending. Shame they didn't vote to reallocate funds. Shame no one ever warned people this shit would happen. Shame no one ever ran for office on the platform of 'spending = bad'. Shame people don't have the right to vote for anyone other than the two shitstains squabbling over the White House like it's a sand castle.
Since Civil Rights and LBJ signed in Medicare, MediaCaid, Social Security. Incentives for having babies out of wedlock, FoodShare money. Debt has been piling on. Our last Republican Governor of my state left office with a Surplus. We already saw Detroit go belly up. Many other Democrat cities would have too had Joe Biden not bailed them out with his first stimulus as President. That and Government getting bigger. This next stimulus they want passed will usher in new bogus positions within the administration to further the growth of Government. I wonder how many people actually read these loooong bills to see what we don’t hear on the news?
First of all, having high debt is not necessarily bad since deficit spending can be good. For example, deficit spending during economic crises has a lot of support these days.
The problem is with increasing the debt for pointless reasons that achieve nothing significant, such as the Trump tax cut. It costs trillions and yields basically nothing
"having high debt is not necessarily bad since deficit spending can be good."
Spending will have to be paid off. You can't pass the buck down ad infinitum and if you do, you get this shitshow. And 'can be good' and 'is now in this circumstance good' are two different things.
"deficit spending during economic crises has a lot of support these days."
Bloodletting had a lot of support, this is a particularly shitty appeal to authority or to just general popularity (not sure which you meant).
We agree that the gov is inept, but unlike you, I don't shit on them because they are incompetent in stealing even more of our money.
Tax cuts are great. Theft is shit. As for 'oh heavens, we don't got enough money to buy Israel more weapons', I don't give a dick.
"And no, it certainly is not down to “imaginary money in the economy”. That’s just extremely bad economics."
Yeah, on the contrary, thinking that being in trillions of dollars worth of debt is good is just rational and fine. *honk* *honk*
Ugh, no. The simple reason debt can be good is because it can generate more value than the interest over time. That’s fairly simple arithmetics.
And no, greater fiscal spending has become more popular anong economistd after the disaster of the financial crisis and European sovereign debt crisis. There’s no real point in pointing to preposterous examples as if they are somehow comparable.
Oh do tell me how long is it gonna take to pay off this shit, keeping in mind that the debt ceiling is constantly being expanded and that no one has a real plan on paying the debt off for good. That 'over time' thing is quite a funny one.
You're just pretending that the 'advancement' of science means that it's more accurate now and me pointing it out is 'preposterous'. Yeah, the scenarios are comparable because much like with the bloodletting centuries ago, we don't know if the theory is accurate. The time a thought became popular doesn't matter whatsoever and it's accuracy is still up in the air.
NEVER FEAR!! CAPTAIN JOEY IS ALREADY PRINTING MORE MONEY TO TAKE CARE OF THOSE DEBTS!! WE'LL BE A-OK BY THE TIME HE LEAVES OFFICE IN 15 OR 20 YEARS!! HE'S ALWAYS LOOKING OUT FOR US BECAUSE, HE CARES!!
It's been fucked decades ago as the dominant culture is so eager to throw away our freedoms at a moments notice. The original feature that made the US the place people fled their home country to for a better life is on life support right now.
We're in very serious trouble. I can't foresee our strength realistically returning for a very long time, if ever.
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that's a bunch of b. s. you do realize the us government can just print as much money as they want and there's nothing to back up all that currency they print since the dollar isn't based on gold anymore
Taxing the rich doesn’t really make a difference tho and it just go to the government to support illegals. I say we just get off the federal reserve and start fresh and do things the right way
@Nick473 lol yes it does? The rich shouldn’t be evading taxes, the only reason why the government hasn’t done anything about the rich tax evading is cause they pay them for lip service so the general public doesn’t question
Yes thats okay. I can't come into your home and tell you what you can or can't throw out and it should be the same for buisnesses. They own the products they chose what to do with it
You gotta think about the reason behind this too. a lot of people sell on amazon and ship there products to amazon facilities to have a hands off approach. If they shut down there buisness or break Amazons terms of service and no longer have a buisness with amazon than amazon legally can't sell there products. They are forced to throw them away
millions of new, unused or returned goods are ending up in bins destined to be dumped and burned. This is not only WASTEFUL but destructive to the environment
the stock is considered “unsellable” because it’s outdated or has been returned. And even if it’s in pristine condition, it may be simply more expensive to store while waiting for a buyer than to destroy.
What is clear is that Amazon, like all global corporations, works within a business model built on greed and speed.
Under this model, the shelf space in warehouses becomes more valuable than the items themselves. And the quicker items can be sold or destroyed, the quicker it can make space for more products – and the higher the companies’ profits.
At this point you’re just dancing around the point. This is not an individual issue, temperatures will continue to reach record highs and low. You’ll see an increase in natural disasters all because our governments too greedy and drunk on its own selfishness to hold these companies accountable.
I agree with taxing the rich (not more, making them pay, the middle class doesn't have to bear the burden of taxation whilst the wealthy class avoids it all)
Oh they'll leave the country? Sorry i'm past that, send someone to murder them.
pretty much. the US debt is 126 percent of GDP. and we are still in the same economic shit as we were in 2008 when the market almost collapsed. Only now we shut down whole economy for a year, and have run away inflation.
Despite being less than 1% of the population transgender and lgbt bs make up 80+% of the bullshit "social issues" talked about on social media and in the media
When it comes to the US economy it's more than just wars, but they do play a part.
Usury and fiat are the devil
Also less than 1% of the population does not need representation to 99% of the population who most wouldn't even know their existence if not for the internet
Little girl go sit down somewhere. You sre a democrat sheep. There's no saving people like you. You don't even realize you been brainwashed. Your entire identity is what the democrat party tells it to be.
Lgbtq individuals make up around 4-10% of the population depending on the data you’re looking at, so that’s around an estimated 9 million LGBT Americans (this isn’t 100% accurate cause this is just including people out of the closet and identifying as lgbtq) it might be a much larger number.
Either way, it’s not like the governments ever actually going to give the majority representation. The majority of people in congress have been born rich, 245 people that are in congress are literally millionaires. And I guarantee they don’t care about the well being of the average American.
while just 1 percent of Americans are millionaires, 66 percent of senators are millionaires, as are 41 percent of House members.
You got me on the representation through congress being majority of rich people but u do realise I think everyone in congress should be hanged rofl so that makes no difference to me, but when I said less than 1% I meant specifically trans, I don't really care about lesbian/gay/bisexual trans people are legitimately mentally ill and helping transition is what makes them 52% themselves
Than I don’t understand the reason to exclude them, they are still lgbtq. They are still Americans and should have the right to have access to whichever transition services they need because of gender dysphoria and such.
I don’t really see why you don’t believe they should be represented. I don’t really think the problem is really representation. I think the issues that their are people that actually legitimately just hate these individuals and don’t want them to have access to these things.
Dont get me wrong I dont think we should completely disown them as they are born with a mental illness (if you don't have gender dysphoria and you're trans ur an attention seeker) but the treatment is making it worse! M2f trans have to dilate daily otherwise their "vagina" closes up.. like a wound does. Could you imagine being trans yourself and seeing your body constantly reject what you believe? The body is the person you have to convince more than anyone and this is why trans people mostly post op kill themselves. The brutal reality hits and then it's a chair and a noose to escape it.
As for lgb representation i dont care really but if you're representing them for the sake of representing them its cringe
That’s not really the reason behind why trans people have high suicide rates. It’s usually because of rejection from peers/family members. Rampant Bullying, being disowned by their own family, etc. because of this they suffer from other mental health issues which can worsen their dysphoria.
I don’t necessarily agree that the treatment makes it worst because studies show how many trans individuals who have undergone surgery, are significantly less likely to seek mental health treatment for depression and anxiety disorders or attempt suicide in the years following the procedure.
You can't expect to bend reality to suit them, the reality is that they are not what they believe they are.
If they made a pill that removed gender dysphoric thoughts, would you not support that as a better alternative to that they have currently? It would be the same as giving schizos pills to stop them hearing voices
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Fcked if we do or fcked if we don’t. We have to spend to keep our economy running and old people alive. I’d personally say stop the fcking socialistic military spending.
Countries deal with debt differently than companies and individuals, they will likely make a deal to get rid of a large amount. Something like "I suppose we'll ignore China for the next 5 years"
It will as long as the Conservatives are unwilling to vote for anything that doesn't make Biden's presidency look like a Train wreck. The U. S. defaulting in our loans will help their goal.
Other countries are going to start getting real angry at the US. The US forced itself in a position to be the global currency but it’s becoming real obvious that it can’t do that well
The USA cannot devalue the dollar because it’s not a fixed currency in the first place.
@doopayo
Other countries being mad at the US for its monetary policy has happened since the 1970s. The US has literally dumped countries in economic crises for its own monetary policy concerns domestically. It’s something to be expected when countries fix their currency to the US and it’s a risk a country fully accepts when doing so
@Juxtapose 100 billion wouldn't be a drop in the bucket man don't change the subject to the pittance that is military spending. (but yea the marshal plan is stupid)
but lets be clear; social security was a pyramid scheme that relied on each generation getting bigger. the moment the birth control pill was invented it wasn't going to last. it needs to be cut
Eh, the tax reform did cost a lot of money with basically no economic growth to show for.
Since the financial crisis, the support among economists for increased spending during economic crises has grown considerably, with it often being preferred over austerity. In contrast, the tax cut achieved basically nothing except way higher deficits
Reducing the debt by a few billion in the year after the tax changes, you call that a spike? Then what do you call what Biden is doing right now? I don't think words can describe it
Not every representative is going to be perfect, and showing one example certainly isn't giving an accurate perspective. But on average, Republicans want less taxes. Democrats typically want more.
Recently Democrats, despite the very serious issue of our debt that you clearly understand, wanted to raise the debt cieling. And it was Republicans who blocked it.
Rather than saying "taxes" I should have said "spending." But taxes do play a role, as we tend to borrow money when our taxes don't pay for everything we want to pay for.
This has little to nothing to do with taxes. The problem is the US is irresponsible and entitled. We most likely wouldn’t be in this situation if they didn’t waste $6.4 trillion on pointless wars
Taxes are relevant. What we don't pay with taxes we pay with debt. But like I said, I should have said "spending." And our US national debt is 28.5 trillion. 28.5 trillion - 6.4 trillion is 22.1 trillion. And that doesn't account for the fact that our debt is constantly being paid of to an extent so the 6.4 trillion has already been paid to some extent, but let's just give it the benefit of the doubt (which is not reasonable) and say that without those wars, we'd be 22.1 trillion dollars in debt. 22.1 trillion dollars is still a serious issue. We most definitely would be "in this situation" with or without those wars. The fact of the matter is that our government, likely governments in general, spend money inefficiently and many times for stupid reasons. For example, in 2020, our government spent over 1.5 million dollars to test how well lizards can walk on treadmills. And no, that's not a joke. While we have outrageous debt, out government thought that was necessary. During this year we also spent just under 1.5 million to "help Eatern Mediterranean Youth to stop smoking hookah." And these are just two examples among many. You can find these in Rand Paul's (US Senator) Festivus Report. He's a libertarian and against unnecessary government funding. I don't think I can link you a download able PDF but if you want to check for yourself, here's a link: dailycitizen.focusonthefamily.com/.../ . Just click on "Festivus Report" in the first paragraph. If you're on desktop or laptop it will probably open up in a new tab without you having to download it.
So point being, no, it's not the wars that got us into this mess. That being said, that's not to say the wars aren't worthy of criticism. I'm sure they are. But this mess is not just due to wars, wars is a small fraction of it.
Stage 2 is to cut the vast overpopulation by any means required like nuking dangerous enemies and limiting birth rates, personally I like the idea of seperating men and women into 2 walled off continents so within a year you have cut the birth rate to zero and then it will stay there which is great
That can’t be sustainable in the long term. It’s just so confusing how we’re supposed to be the most rich country yet we’re literally broke when accounting for our debt 🤦🏽♀️
@doopayo The solution is simple. Don't spend more than you take in and the government will not have to borrow more money.
The debt ceiling needs to be raised every couple of years because politicians of both parties want to spend more than current tax revenues.
The country is at the point were annual interest payments on the is about $300 billion per year. That will increase when the Democrats pass their $5 trillion spending bill.
The politician can seize all the billionaires money at one time and it won't cover one years new spending.
So raising taxes will not solve the spending problem.
Current tax revenues are at record levels. So it isn't a lack of revenue issue.
It is a spending problem.
What the scary thing is when annual interest payments consume annual tax revenue.
Bankers barrow money from tax payers to have any of their wealth, the people we "owe money to" own the federal reserve. Every cent of debt "owed" isn't actially owed at all, it wasn't a loan, it was just giving us back a portion of what was stolen from US citizens in the first place.
Realistically if everyone became poor the government would collapse since people would lose faith in it. We’d be in anarchy and the rich corporate doners wouldn’t like that their workers don’t want to work anymore 🤷🏽♀️
satanist rule this earth read the bible its nothing new
all planned AND IT DOES NOT MATTER IF YOU DO NOT BELIEVE
THE KINGS OF THE EARTH DO BELIEVE IT
Psalm 2
Why do the heathen rage, and the people imagine a vain thing? The KINGS OF THE EARTH set themselves, and the rulers take counsel together, against the Lord, and against his anointed CHRIST, saying, Let us break their bands asunder, and cast away their cords from us. GOD that sitteth in the heavens shall laugh: the Lord shall have them in derision
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