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Started By
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$34 TRILLION of DEBT must be fake. Not a damn soul in DC seems to worry at all about it
Posted on 4/20/24 at 3:37 pm
Posted on 4/20/24 at 3:37 pm
So frick it. I say.
Let’s just keep going
Forgive all student debt
Pay everyone’s credit card off
Pay every mortgage off.
Every person gets a TESLA EV
If no one is blinking at $34 TRILLION let’s just keep going
Let’s just keep going.
It must be a fake number on a screen somewhere.
Just erase the number and roll the number back to 0
Let’s just keep going
Forgive all student debt
Pay everyone’s credit card off
Pay every mortgage off.
Every person gets a TESLA EV
If no one is blinking at $34 TRILLION let’s just keep going
Let’s just keep going.
It must be a fake number on a screen somewhere.
Just erase the number and roll the number back to 0
This post was edited on 4/20/24 at 3:38 pm
22
Posted on 4/20/24 at 3:40 pm to Covingtontiger77
It doesn’t matter at all. Until it does one day. I’m not smart enough to know when or how it will happen, but there will be a reckoning that no one will be prepared for.
Posted on 4/20/24 at 3:42 pm to Covingtontiger77
Spending went off the rails long before $34 trillion. Between 2008 and 2023, this country went on a spending spree with no increase in revenue or no cuts to offset that spending. It literally increased from $10 trillion to more than $33 trillion in less than 20 years. That is not sustainable.
We have to increase revenue and cut spending to right the ship.
We have to increase revenue and cut spending to right the ship.
This post was edited on 4/20/24 at 3:45 pm
Posted on 4/20/24 at 3:44 pm to SloaneRanger
quote:
It doesn’t matter at all. Until it does one day. I’m not smart enough to know when or how it will happen, but there will be a reckoning that no one will be prepared for
You are correct.
But I’m at the point of WGAF.
Let’s go off the cliff and ENJOY THE RIDE
I’m tired of working so hard and worry about my little world. Envious of those who seem to live high on the hog without a care in the world. They never seem to face any repercussions of financial irresponsibility.
So frick it
Posted on 4/20/24 at 3:45 pm to CreoleTigerEsq
quote:
It doesn’t matter at all. Until it does one day. I’m not smart enough to know when or how it will happen, but there will be a reckoning that no one will be prepared for
Ones of those does not compute in the government nor most American households.
Frick it
Posted on 4/20/24 at 3:47 pm to Covingtontiger77
This country’s leadership is like a terminally ill individual with no kids who won the lottery and is gonna live large before his time expires.
Posted on 4/20/24 at 3:48 pm to Covingtontiger77
Why should they worry? Their retirement plan isn't SS and their healthcare plan isn't Medicare. They are all set for life.
Posted on 4/20/24 at 3:51 pm to Covingtontiger77
Think about who we "owe it" to.
It's not Jupiter or the Martians.
We "owe it" to the same puppet masters forcing us to spend it.
It's not Jupiter or the Martians.
We "owe it" to the same puppet masters forcing us to spend it.
Posted on 4/20/24 at 3:52 pm to Covingtontiger77
Well over 250 trillion with unaccounted for liabilities
Posted on 4/20/24 at 3:52 pm to Covingtontiger77
quote:
$34 TRILLION of DEBT must be fake. Not a damn soul in DC seems to worry at all about it
Because it's basically impossible to do anything about it, politically.
The only way to address our debt is a major reduction in spending.
That spending will ONLY work in the following areas:
Medicare
Medicaid
Social Security
The Military
Cutting any of these programs is political suicide
We can't tax our way out of it (tax receipts will end up around 20% of GDP)
We can't grow our economy big enough to make up the difference (the math simply doesn't work).
Posted on 4/20/24 at 3:56 pm to Covingtontiger77
Yep. WTF pay off your student and car loans, your mortgage, credit card, etc
F-CK it. We are all entitled to NYC luxury hotels, free food, clothing, education, iPhones and weed. We have to do nothing for it either but bitch.
F-CK it. We are all entitled to NYC luxury hotels, free food, clothing, education, iPhones and weed. We have to do nothing for it either but bitch.
Posted on 4/20/24 at 3:58 pm to Covingtontiger77
It won’t matter until we are no longer the dominant military force in the planet.
Posted on 4/20/24 at 4:02 pm to Covingtontiger77
They use Keynesian economics to explain it. They still think they aren’t causing inflation.
Posted on 4/20/24 at 4:06 pm to Auburn80
They gave up. They are working on an exit Stategy. First pump out more and more money to fatten up the billionaires. Then ditch the dollar for a digital currency so that the peons can function until we are no longer needed.
Posted on 4/20/24 at 4:08 pm to Covingtontiger77
They're $34 trillion in debt and print money like nobody's business. Yet that bust your balls over your taxes.
This post was edited on 4/20/24 at 4:10 pm
Posted on 4/20/24 at 4:08 pm to Covingtontiger77
Modern Monetary Theory and DC conservatives are all for it
Posted on 4/20/24 at 4:11 pm to Harry Rex Vonner
quote:
Think about who we "owe it" to.
The money always goes back to the oligarchs/elites with a high interest rate.
Posted on 4/20/24 at 4:22 pm to Auburn80
quote:
They use Keynesian economics to explain it. They still think they aren’t causing inflation.
They know they are causing inflation. The people that make the decisions have money funnels that outperform inflation. They still have plenty to live the wealthy lifestyle. The average Joe doesnt have money funnels. He has a job and has to rely on getting raises that dont keep up with inflation.
The uber wealthy have plenty of extra money to buy the policies they want from DC that keep their money funnels flowing.
Posted on 4/20/24 at 4:25 pm to scottydoesntknow
Exactly right. We're at the bottom of the food chain. That's why they want to feed us bugs.
Posted on 4/20/24 at 4:30 pm to Covingtontiger77
I get what you are saying but it is actually just money “borrowed “. It’s closer to 100 trillion when factoring in obligations outwards
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