2 ms·
With an estimated budget deficit of $1.6T, the USA can hardly be considered an example of good governance. People should leave to places that can afford thrm
by readthenotes1 2y ago
With an estimated budget deficit of $1.6T, the USA can hardly be considered an example of good governance. People should leave to places that can afford thrm
- jauntywundrkind 2y agoAnd alas everything happening right now is pretext, building cover for massive tax cuts for billionaires. None of these "savings" are going to go to paying down debt or balancing the budget. Debt interest just passed defense spending. The debt we have is absolutely wildly high. But certainly the GOP has zero interest in changing that, in improving things. https://www.cfr.org/blog/first-time-us-spending-more-debt-interest-defense https://www.cfr.org/blog/first-time-us-spending-more-debt-in...
- toomuchtodo 2y agoThe bond market will eventually force their hand to live within their means. https://www.bloomberg.com/opinion/articles/2024-12-30/bond-vigilantes-are-putting-governments-on-notice https://www.bloomberg.com/opinion/articles/2024-12-30/bond-v... | https://archive.today/SrEy4 https://archive.today/SrEy4