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The "deficit" is high because USD is the world reserve currency, and the government policy is to prevent natural deflation. The "deficit" should really be calle
by mindslight 2y ago
The "deficit" is high because USD is the world reserve currency, and the government policy is to prevent natural deflation. The "deficit" should really be called the surplus as it represents the centralized gains of progress from everybody who is still willing to invest in America despite that collection.
The popular political movement aimed at reducing the "deficit" is really just part of the larger global movement to destroy the US's world leadership position, hence the related goal of ruining our relationships with our allies and whatnot.
Having said that, I agree that the dynamic here is a horrible waste of resources. Housing someone in an SRO (single room occupancy) without guards would cost like one quarter of what jail/prison costs.