Feeding both all our poor and the world’s starving would barely show up in that graph. Absolutely dwarfed into oblivion by massive tax cuts for the wealthy
Because we also know that feeding the poor and providing healthcare and transit and all these things are actually cheaper than stealing from the working class, attacking homeless people, and giving everyone severe medical debt.
That’s just Trump. He has spent slightly more than half of the national debt in 6 years. Helping people worldwide didn’t cost shit for what we were getting out of it. Helping our own people returns an average of $2.50 to the economy for every single dollar spent.
As of 2026, the U.S. federal deficit is projected to be approximately 6.4% of GDP.
This year we spend 6.4% of GDP more than the federal government takes in. That’s excessive and out of control but we’re not spending more than GDP.
Our accumulated debt on the other hand is that and rising. Countries get a lot of leeway on debt and us being reserve currency means we get even more leeway. But already interest on the debt is becoming our largest expense, making us be able to afford less and less.
And at some point we’ll hit a wall. Not knowing where the wall is doesn’t mean it’s not there, it just means we can’t predict it until we smash our heads against it. And some idiot thinks it’s ok to monkey with the US dollar being the world’s reserve currency? If that idiot succeeds, that invisible wall of insolvency suddenly jumps closer
The tighter we try to hold that petrodollar, the faster it’s squeezing out of our grasp. I have no doubt that’s what Trump was attempting but he’s just speeding up the end. Maybe that’s also good from his perspective because he only cares about himself and the next administration is likely to feel the pain
The US owes more than its gdp. How can your see we can afford it when we can’t afford what we do now?
Feeding both all our poor and the world’s starving would barely show up in that graph. Absolutely dwarfed into oblivion by massive tax cuts for the wealthy
Because we also know that feeding the poor and providing healthcare and transit and all these things are actually cheaper than stealing from the working class, attacking homeless people, and giving everyone severe medical debt.
Keep up, this is all really old news.
Tax the rich!
That wouldn’t solve the problem. We spend more than our entire gdp.
That’s just Trump. He has spent slightly more than half of the national debt in 6 years. Helping people worldwide didn’t cost shit for what we were getting out of it. Helping our own people returns an average of $2.50 to the economy for every single dollar spent.
No, that’s why we have Trump.
There’s a reason a half dozen billionaires were on stage with him after his victory.
Trump isn’t the cause, he’s the result.
It’s important to distinguish debt from deficit
This year we spend 6.4% of GDP more than the federal government takes in. That’s excessive and out of control but we’re not spending more than GDP.
Our accumulated debt on the other hand is that and rising. Countries get a lot of leeway on debt and us being reserve currency means we get even more leeway. But already interest on the debt is becoming our largest expense, making us be able to afford less and less.
And at some point we’ll hit a wall. Not knowing where the wall is doesn’t mean it’s not there, it just means we can’t predict it until we smash our heads against it. And some idiot thinks it’s ok to monkey with the US dollar being the world’s reserve currency? If that idiot succeeds, that invisible wall of insolvency suddenly jumps closer
We have already pass the wall. We can only maintain our lifestyle if we maintain works energy control. If we lose the petroldollar it’s game over.
The whole war was because it’s this.
The tighter we try to hold that petrodollar, the faster it’s squeezing out of our grasp. I have no doubt that’s what Trump was attempting but he’s just speeding up the end. Maybe that’s also good from his perspective because he only cares about himself and the next administration is likely to feel the pain
Last ditch effort of a failing country. Next is either ww3 or civil war if history has anything to say about it.
Why not both? /s