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by mc32 484 days ago
And honestly it’s been both parties who have been more than happy to pay lip service to the problem but instead of paring things add additional oversight that has no enforcement power so they only add more weight to the bureaucracy with a few reports no one reads to show for. In the face of deficits, they don’t retrench as individuals and private entities have to.
2 comments

Totally agree. I think the debt is at 100k per taxpayer. Either taxes or inflation will have to be used to pay that.
Debt goes up during republican goverment and down during democratic one, so anyone who cares for it would not vote for conservatives.

Nor for Trump whose lifetime history is to make debt go up and then fail upwards.

Biden added 1 trillion dollars every 100 days to the debt in the last year. Not in war or recession.

He used inflation to hide the issue in the price of everything else on top of that.

You have to be blindly partisan to be unable to recognize basic facts about the debt load and that republican governments are responsible for the vast majority of it.
> Either taxes or inflation will have to be used to pay that.

Or the .01% class who own the debt could get burned. Sometimes that happens when you make a bad bet, you know?

Now we have the experts advocating for default... truly mindboggling stupidity.
Well I know this - if the 'smart' option is to have every American born into crippling generational debt, I want no part of it.

And I know that when inequality reaches these sorts of levels, heads have a tendency to roll.

One way or another, some form of jubilee is gonna be necessary for a sustainable future.

both parties invoked in highly assymetrical situation is getting old.
Who in the Repubs doesn’t like spending? Like maybe three of them?
You forget they talk about responsible budgeting when Dems are in office. Talk talk talk. Then they balloon the debt when they're running the show. Sure did talk though...