The last president to give a shit about the debt was HW Bush, and it helped cost him reelection.
SentientSquare on
Very tired of people telling me that this is totally fine and that minimum credit card payments becoming 10-20 percent of our yearly expenditures is acceptable.
crassowary on
>We should massively increase borrowing
>To help provide stimulus during a major economic shock right?
>🙂
>Right?
toastedcoffee12 on
To be completely honest there is literally no mass political will on either side of the spectrum to fix the national debt. I dont see any way to fix it when people tend to want high government spending but also want the lowest possible personal tax rates.
Edmeyers01 on
Mike Hyperinflation Johnson is hard at work!
gnarlytabby on
remember when “MMT” was a thing?
honest question, the years are all the same to me now, I do not remember when it was a thing
8 Comments
Source-https://www.crfb.org/blogs/interest-costs-could-explode-high-rates-and-more-debt
MAGA GOING BANKRUPT
The last president to give a shit about the debt was HW Bush, and it helped cost him reelection.
Very tired of people telling me that this is totally fine and that minimum credit card payments becoming 10-20 percent of our yearly expenditures is acceptable.
>We should massively increase borrowing
>To help provide stimulus during a major economic shock right?
>🙂
>Right?
To be completely honest there is literally no mass political will on either side of the spectrum to fix the national debt. I dont see any way to fix it when people tend to want high government spending but also want the lowest possible personal tax rates.
Mike Hyperinflation Johnson is hard at work!
remember when “MMT” was a thing?
honest question, the years are all the same to me now, I do not remember when it was a thing