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re: What is Trump's plan for inflation and reducing the federal deficit/debt?
Posted on 3/9/24 at 11:24 am to beerJeep
Posted on 3/9/24 at 11:24 am to beerJeep
quote:
So until it’s time to pay the piper, we will continue spending imaginary money because debt is imaginary until the day it becomes real.
And even then, it will still be essentially imaginary, or it’s certainly never going to be “real” in the sense of a normal sort of consumer understanding of what it would ever mean to “pay back” debt.
I’m not saying this as if it’s a good OR bad thing.
Posted on 3/9/24 at 11:27 am to Y.A. Tittle
quote:
in the sense of a normal sort of consumer understanding of what it would ever mean to “pay back” debt.
Every single taxpayer paid something like 200k towards the debt right now we would be debt free.
6 seconds later we would be 100k in debt.
12 seconds later 200k in debt
On.
And on
And on
And on
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