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I honestly don't get why anybody ever mentions the "taxpayer's share" as though it means anything. Yes we have a lot of debt, but the debt has actual terms for
by DSMan195276 5y ago
I honestly don't get why anybody ever mentions the "taxpayer's share" as though it means anything. Yes we have a lot of debt, but the debt has actual terms for paying it, it's not like someone can go "BTW we expect that $28T in the mail tomorrow" and we'd have to pay up.
IE. I own a house, which costs more than I make in a year. But the bank is not allowed to just email me tomorrow and ask for all the money, I have 30 years to pay it off with a set schedule I'm capable of meeting, so the actual amount of debt is pretty irrelevant.