How does the USA government plan on existing for the next several years and beyond?

[SeekerOfTruth007]

I saw a post on Twitter the other day which showed the USA government's deficit spending is now over 1 trillion dollars PER QUARTER. Most of this is now interest payments on prior debts and the military, and then the third biggest spending item is Earned Income Credit and other "refundable tax credits" which almost entirely goes to black people committing tax fraud. I know because I used to be a professional tax preparer and all they do is lie on their tax returns to optimize the amount of EIC and other "credits" they receive.

This is not at all sustainable, and I don't know how anyone plans on fixing this. Kamala harris plans on giving full Social Security and voting rights and other benefits to every illegal immigrant in the country. How anyone is going to pay for that, I don't know.

You could liquidate AMAZON and sell all of their assets, and that would only pay for the deficit for ONE QUARTER at this rate of spending.

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Harris also plans on forcing white people to pay black people "reparations" for slavery which ended 160 years ago and which I am not guilty of and never would have been guilty of. What she is about to do, if she gets elected, is literally going to start another civil war.

[Anonymous]

The federal dept is likely to get worse no matter who win's the presidency because the welfare programs and demographics all but garrentee it.

[msc545]

The US government plans to do what it's always done which is to print more money.

[SeekerOfTruth007]

Obviously that isn't going to work, because bonds have less real value when they are cashed in than they started with. This is going to start a World War 3 or a civil war if things keep going this way, because somebody is going to want their money back with real value instead of perpetual inflation

[msc545]

Sure it will work. It's work up till now and it will continue working as long as people continue to value money. Fed does its best to control inflation rates by adjusting the rate of interest and does a reasonably good job of it. Most of the time. Nobody is coming to collect the national debt.

[Astarlessnightsky]

They could start taxing the rich.

[SeekerOfTruth007]

If they gtook every rich person's assets away for the next 5 years, there would be no upper class and the rich people would all be broke, and they'd STILL be spending more money than anyone has in real assets.

[Astarlessnightsky]

It would be a start.

[Anonymous]

Listen to Trump

[DryGermanGuy]

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