this post was submitted on 01 May 2026
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NEVER let Republicans pretend to care about "fiscal responsibility" ever again.
NEVER argue or give Republicans any benefit of the doubt ever again. If someone says they're Republican you should immediately shut them out of your life.
he bankrupted multiple casinos, why not multiple countries?
Why not the same country multiple times?
When you're borrowing money to service the debt, things can get spicy
It's simple, really. Trump has foreseen all of the economic mistakes the next democrat president will make and is already fixing them, before they even happen. Some of you should be a little more grateful.
"The Art of the Steal" now available in all banks of the US of A.
The entire notion that an entity which possesses the sole authority to issue the currency in which its budgets and accounts are denominated, can in any way be legitimately in a level of ‘debt’ it in any way could be mistaken as problematic, is fundamentally detached from reality.
The illusion of scarcity needs to be maintained. Dollars are only worth something because the entire world believes they're worth trading for good and services. The only reason the U.S. government collects taxes and "borrows" money is to maintain the illusion.
If the US Government just conjured up trillions of dollars to pay it's debts, the world economy would collapse. So the Federal Reserve has to do it slowly via Quantitative Easing.
Yeah, the current world economy is made up so that the USA can basically print more money and get away with it.
the Fart of the deal...
Shart of the deal
… so far!
*laughs in MMT
Like fuck Trump, but the debt accumulates exponentially
I think they're pointing out how all political pundits will blame the deficit on whoever the next Democrat president is. The truth you just wrote won't be mentioned by any of them and all blame will be assigned to the next one.
Ahh, yes! The same happened with Pinochet!
Especially when you piss away billions on vanity projects, cut off revenue, and start multiple wars for your oil baron masters
I think that's the key. Obama increased the debt - to get out of the Great Recession. Trump increased the debt - to give billionaires and corporations huge tax cuts. Biden increased the debt - to stimulate growth in green industries and manufacturing. Trump increased the debt again - to give billionaires etc etc.
Just the idea that the yearly budget of the Pentagon is going to go from $800 billion pre-COVID to $1500 billion indicates the people are not a priority.
Pushing massive tax cuts for the wealthy (and for regular citizens, but those ones had an expiration date attached) during a time of economic turmoil was certainly an interesting choice.
yeah but not by that much