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by anoxor 481 days ago
Totally agree. I think the debt is at 100k per taxpayer. Either taxes or inflation will have to be used to pay that.
2 comments
watwut 481 days ago
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.

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anoxor 481 days ago
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.

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turtlesdown11 481 days ago
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.
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mandmandam 481 days ago
> 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?

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turtlesdown11 481 days ago
Now we have the experts advocating for default... truly mindboggling stupidity.
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mandmandam 481 days ago
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.

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