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by Red_Tarsius
485 days ago
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Because the US is the de-facto leader of the Free World, the wealthiest country in the Western hemisphere and the winner of the Cold War. Heavy Lies the Crown. Especially when it's about fighting the deadliest infectious disease known to man. |
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Just the interest on the US debt is almost a trillion dollars a year now which is 3% of GDP and the debt is ~35 trillion. Deficit spending is higher than federal taxes on the paycheck, which means you're basically paying double of what your paycheck shows.
Meanwhile Norway's sovereign wealth fund has $1.75 trillion dollars.