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We are $36 trillion in debt and it is growing by a trillion dollars every 100 days. Continuing to send hundreds of billions to a losing war is a bigger threat t
by imgabe 2y ago
We are $36 trillion in debt and it is growing by a trillion dollars every 100 days. Continuing to send hundreds of billions to a losing war is a bigger threat to the US.
The war will end. Russia will offer concessions that benefit the US. They are not going to steamroll Europe. Europe can step up and contribute to Europe’s defense.
- amanaplanacanal 2y agoRussia will offer concessions that benefit the president and his friends, you mean.
- sjsdaiuasgdia 2y agoPeople like you in 2014: "We should not push back against Russia's annexation of Crimea. It will allow the war to end. They are not going to invade Ukraine to take other territory."
- dpc050505 2y agoAmerican debt is lucrative as long as you don't alienate the whole world by behaving completely irrationally. The USD being the world's transfer currency means that you can finance debt at the lowest interest rate on the planet and use that debt on more productive investments, which is what the USA's government is doing. There's a reason why the US still has a stellar credit rating. American debt is lucrative and you morons are fucking up your cash cow because you don't understand banking and are willing to let a handful of crypto bros try to accelerate the international monetary system's downfall so that they can try to replace it by some bullshit rug pull coin that doesn't even have the technology to function as global currency.
- dashundchen 2y agoThe Republicans in charge now are responsible for a good chunk of that debt. $8 trillion in PPP helicopter money + tax cuts for the wealthy during Trump's term, plus trillions more for Bush's tax cuts and Afghanistan/Iraq warcrimes. And they're looking to double down by giving billionaries trillions more in tax cut while driving up the debt. Trump/Musk/GOP do not actually care about debt or spending, it's a distraction.
- consteval 2y agoThe debt will only grow under Republican leadership. Framing this as an economic issue is disingenuous, and we all know it. That debt goes straight into enriching the already rich.