What are the ramifications of it if it does not stop growing? Can we have 40, 100, 1,000, etc TRILLION DOLLARS of it and be a-ok?
US National Debt
Justin Hernandez
David Diaz
Oh boy is it time to learn from the French and revolution?
Juan Walker
Imagine not being able to manage your finances
Anthony Hughes
It's literal monopoly money, so yeah
Henry Wood
Don't worry. What you're seeing and what you're reading is not what's happening. Trumps gonna have all our debt paid off by 2024 don't worry.
Liam Roberts
We're already at the point that the Revolutionary War means nothing anymore thanks to a bill that was signed over 100 years ago regarding the Fed. Unless 60% of America suddenly wakes up, we're done. I'm convinced at least 1/4 of the people who voted for Trump did it just to "see what would happen" and because they thought he was funny.
Asher Sanders
Bro the US economy is literally at negative GDP growth if you take away the 500 billion federal deficit and account for inflation. We literally can't grow anymore.
Joshua Evans
Most of it is owed to social security. We really don't have to worry too much about it until bond interest rates go back up. At that point we'd better be thinking hard about a balanced budget.
Jack Foster
Brainlet here. Why is the dept owed to?
Juan Ortiz
Hard to say. Some economists have said that Federal debt literally doesnt matter. I'm not convinced. The more concerning thing is the fact that our economy cant grow without making the debt go up.
Samuel Gutierrez
Austin Flores
Basically we're Japan, China, and the banking cartel's little bitch.
Tyler Ortiz
Does federal reserve debt have to eventually be paid back?
Also, do interest payments serve to enrich the fed (or its owners)?
Landon Hughes
>Does federal reserve debt have to eventually be paid back?
fed is treated same as any other investor and needs to be paid as the bond contract states
Jason Thompson
What did nigger do to make it grow so much during his 2 terms?
Dominic Lee
At the current rate of yearly deficit, in 10 years the entirety of our tax revenue will be spend on interest to service the debt to ((((them))))
Jose Kelly
White Genocide is a much bigger scandal and although more people have been speaking out against it, politicans from each political party are going to need to do the right thing and denounce it immediately, before anything else.
Jack Perez
This, Government spending should NOT be included in the GDP calculation in my opinion.
Zachary Collins
I better drink my piss now.
Jace Walker
This is the epitome of liberal smugness.
They actually have come to believe all the bullshit they have read that people "believe" about Trump, and they go as far as to sarcastically make fun of Trump supporters by purporting something that is literally preposterous
Samuel Cruz
We've accrued over half a trillion dollars this year solely in interest. This shit will literally be our downfall, I don't know why our leaders let this shit get this far.
Jayden Ross
At this point, literally nothing. You could say the debt is eleventy bajillion dollars and it would be just as meaningful.
Samuel Wilson
It's not that simple, he took the reigns after the 07-09 recession which bush caused.
Why not? Isn't increased government spending also a sign of the current state of our economy?
Jonathan Watson
>America effectively creates a post currency society through sheer not giving a fuck
crypto commies, I knew it!
Colton Gutierrez
That's the cost of occupying the Middle East for two decades, and Liberals are actually upset Trump pulled out.
Ryan Sanchez
The guy wants to blow 5 billion on a wall while the US government is spending MORE than it takes in. Regardless of political beliefs you have to come to some conclusion that spending money on things you can't afford isn't a smart financial move.
Brody Evans
No, that's the cost of not being able to manage finances. Even without the middle east stuff the US was doing a great job of spending money it didn't have. Though yeah, using $100K javelin missiles to kill a bunch of goat lovers in caves instead of sniping them down when they got out wasn't too smart either.
Caleb Jenkins
The increased govt spending is just a way of concealing the fact that we can't grow. It should be counted, but everyone should understand that growth is basically dead, at least as for what the market can generate