Does the United States have a spending problem? Obviously, but I really wanted to talk about how the cost of living crisis is presenting itself in your community. That relates to this article because you can’t squeeze blood from a stone. If all of you have no disposable income, no savings, and a job market that can’t support your current cost of living… What happens if you lose your job? Do you default on loan obligations along with America because we are stretched to the edge. Should we vote in members of congress to pass more tax breaks for private jets?Are mods whack? Let me know in the comments.
Seems like the US consumer is stuck between a government with drunk spending, and a ton of debt. Next to a corporation who’s squeezed every last penny out of people between wages and costs of goods and services. If GDP is to increase enough to pay off the debt, how does that happen? The only GDP growth comes from sucking up wages and monopolizing, and good old government spending.
the US consumer is stuck between a government with drunk spending, and a ton of debt
don’t forget… bilionaires play for free.
Even better, they get paid to play!
They haven’t even come close to squeezing every penny out of ya all, lol. Most Americans would shit their fucking pants if they saw what shit cost in Canada. Criminally over taxed and everything owned by monopolies that set the price…amd the price ain’t low 😒
We’re almost there! Took longer for private equity to buy up all the small businesses, but we’ve got little town cartels for basic services now too. A guy quoted me $50,000 to replace my siding on 3 sides of the house
It’s a K shaped us economy with 20% of the people propping up spending, they never seem to run out of money.
Just wait until people stop lending money to the US.
that’s the day when they stop trading with us, and mango seems to be working hard on bringing that day.
“defense”
They took the mask off it’s for WAR now
Caaaaaaaarrrrrl
WE. DECLARE. BANKRUPTCY.
They are going to tie the national debt into crypto and sink it.
I’ve got my eyes on that possibility as well. Although right now im kinda thinking they just dump crypto because they couldn’t sell the dream fast enough. Crypto might just be used to grift the crypto investors and not the entire globe. Time will tell.
Ahahahahahahah what a stupid, galactically, generationally incompetent country of clowns.
Until recently I had hope that the boomers would take their bs to the grave but ya seems to be generational at this point 😭
Boomers? Fuck them. Both Bill Clinton and Donald Trump were born in 1946. WTF is this gerontocracy BS?? That is craaazy.
Bro I got 2x 80 year old ladies running uncontested for my state senate seat. Plz make it stop.
Mods don’t want us discussing what our back up plans are for job loss. But if you lost your job today, what job would you apply to on indeed, and would there be enough money from that job to pay your current bills? Do you think there is security in your job market if you lose your job?
Mods also don’t want us talking about assassinating the entire Trump administration
Lmao is that what got removed from my last post? Im trying to gauge sentiment here and this is a reading.
I don’t know about your post history. But the mods on .world are very pro-government.
I mean im pro government too. Order is one of the bonuses of living in a society.
So, which government do you like?
I sure do enjoy a democracy even if I have to vote with glass lickers.
So do you like the genocide party or the genocide+ party?
So do you want to answer the question or just avoid it? Specifically, which government do you simp for…. Like the mods…
If you’re talking about your “Vote like you will be competing against me for $16 an hour jobs.” post getting removed, it’s because this community only allows links to articles. It’s the first rule listed. If you want to self-post try something like !politicaldiscussion@lemmy.world instead. You can check the modlog for moderation actions taken on comments and posts btw (on the webui there’s a link at the bottom of the page)
fair enough. I’d argue that news articles really fail to capture some of the real politics and worthwhile discussions. There’s a reason why the rightwing media bought up all the local news agencies.
So does the national debt matter or does it not?
Ask this lady…
Foreigners often visited Germany, to buy up cool stuff like grand pianos and awesome food spreads, all for a pittance with foreign currency.
Some perverse part of me, kinda hopes that my Euros will let me rise above a lifetime of poverty.
Kind of. The US won’t collapse due to its debt, but the dollar will be devalued as money is being printed to pay it back.
This is why Democrats love deficit spending. They get to obscure the true cost of social welfare programs and ensure that workers foot the bill instead of the people making everything so expensive.
Democrats love deficit spending, which is why Republicans historically are the ones that increase the deficit more.
Democrats are the lesser evil.
That doesn’t make them good.
Not sure what bearing that has on my statement.
Sure, let me clarify.
You said “democrats love deficit spending,” and then proceeded to go on about how Republicans have historically raised the deficit more than Democrats. This means your argument is (even if you’re afraid to admit it) that Republicans are worse than the Democrats for the deficit. And I agree with you! They are worse!
It’s so easy to criticize Republicans, but it’s hard to criticize Democrats and they take advantage of it as much as they can.
Democrats use deficit spending as a shield to the true cost of social welfare programs. We need these programs, otherwise people would recognize how much they’re being fucked and revolt against the system taking them for a ride. Democrats can’t have this, so they nominate wet noodles like Clinton and Biden over Sanders.
It’s disgusting, despicable, and needs to fucking end. It won’t end until people stop being proudly stupid.
Daddy Trump’s boot must be so tasty.
Yeah, everyone who holds Democrats accountable must be a Republican.
The last I checked its the Republicans who run the debt up all the time.
https://www.investopedia.com/us-national-debt-by-year-7499291
Have a look at the '80s and '90s.
Republicans are worse, and Democrats use them as an excuse not to do better.
Bullshit.
Im by no means a supporter of any American political party but what you are saying is bullshit.
Why?
Lots of things about American political discourse are infuriating, but this is def one of the worst. Republic administrations are so much worse for inflation that it’s almost laughable to see this opinion shared around. Kind of wild how politics is all vibes and memes I guess.
Its almost like this Trump chap doesn’t pay any attention to due debts.
I really really truly hope before he dies we do find out just how absurdly dumb he is. I know he’s a celebrity and a presidentnd therefore no one ever challenges him on anything, but imagine 2 hours of Donald Trump being asked things like: where is Iran on the map. Name 3 people in the bible. Name 4 planets in our solar system. What is 17x3. It would be so fucking funny to me to see just what kind of braindead ghoul they made their leader.
Large growth between 21-24 then linear growth after that.
I wonder why the projections are that way.
Well because as of now, we’ve got all our future debt spending planned out! It projects easily. Until the next fiasco where they have to print more money.
they are probably using these for research at the Treasury.
