National debt shouldn’t be called debt. All it does is confuse idiots who think it’s the same thing as their personal budget.
What should it be called then?
Just woke up and cannot think so I am asking honestly
Maybe something like sovereign accrued liability. Make it a snorefest, so it’s harder for news publications to make clickbait out of it.
Inflation indicator.
Trumpflation returns. Its the biggest, most beautiful type of inflation where rich people get richer and everyone else pays more.
And not a peep out of the party of “fiscal responsibility”.
Really says something about the Cons, doesn’t it.
Yeah they’ve been pushing that false narrative while being the reason we keep increasing our spending while also cutting revenue for DECADES.
Then if Dems get in power suddenly Republicans will care about spending again. Everyone knows how this song and dance goes.
If dem tears down east wing during a shutdown and you’ll hear bad decorum or some bs and massive smear campaign about federal workers not being paid.
Trump has done so much to get rid of decorum and the general respectability politics. This could be the greatest thing ever for a Dem who is willing to fight and be unapologetic for the people. They should tear it down day one and frame it as job creation too to rub it in.
A Republican, the party of fiscal responsibility, ballooning the national debt to record numbers? Who could have seen that coming??
I was promised less government spending with a chainsaw on stage! But then again, I was promised many things by idiots on the stage! None of which materialized, oddly enough.
We cut all those programs and jobs and the deficit still went up?
I wonder what happened to all that money they were saving by doing that?
Why did no one warn us that a failure of a businessman would utterly fail at the business of running an economy?
First a failed painter. Now a failed businessman. Who’s gonna be next?
I can bake a rubbish cake.
If it tastes good then it’s not a failure.
Oh it tastes awful
Anyway where are the Epstein files?
Ask your politicians not us
Wow, interest alone on the debt is now hitting $1trillion a year and expected to hit $14 trillion in 10 years!?
And this is despite Americans being taxed $350bn through trumps tarrifs.
Elon Musk is very quiet about this - wasn’t this why he went all in on DOGE?
He went for Doge to remove or incapacitate agencies inconveniencing his businesses, particularly SpaceX. The Doge Dumbasses wrecked everything else by vibe.
Let them eat cake
And you all got stimulus cheques this time too, right?! Right…?
I’m still living off the last one. I couldn’t even imagine doubling such wealth.
$400 check, and $400k in PPP loans that I will totally repay (if I have to)
Damn, those Republicans are great at managing the government’s finances.*
*This a scarstic comment
I’m sure you wanted to write sarcastic but I can imagine the happenings recently may have left some scars.
He was president during the pandemic
Oh no, this train is not slowing down. It can’t. In fact, it has to speed up. At least, the currency debasement has to speed up.
Currency debasement is a great way to kill an empire. I wholeheartedly endorse it.
Kill the American Empire, so the MAGA empire can rise. Just like Weimar
And then China, Western Europe, and Russia invade the United States after it initiates massive, aggressive wars to bolster its flailing economy?
And then both sides launch nuclear weapons to end it all?
Is this the accelerationist argument?
Honestly the whole Weimar turning into Nazi Germany thing was kinda a fluke historically speaking. Usually the empire in question implodes, stagnates, or decentralizes usually a mix of atleast two, unless it’s Rome where they will do all three plus a secret forth option and come out the other side.
The Nazis frankly speaking had Alexandrian level plot armor, if anything had gone even slightly different they may have collapsed before even operation Barbarossa.
I think in their case, a righteous anger against the Versailles Treaty fueled a good deal of the effort that they put into becoming a new empire. The rest of the fuel came from stealing from their Jewish and minority citizens, temporarily boosting their coffers. It couldn’t last, since there was no forethought about where to stop, and they destroyed their best financial gurus out of jealousy and stupidity.
Anyhow, I believe that Dogey America cannot handle a civil war. Unlike the Nazi regime’s luck of a poorly run Weimer, it is the conservatives who mismanaged the economy, and Americans have no one but MAGA to blame for a Greater Depression. That a rat like Yarvin has left the ship is an hopeful sign.
Just to add some more data points for you about the German economy under the Nazis.
The German economy was already recovering under the Weimar Republic but it was slow going, the Nazis were able to more or less ride it and claim credit which when combined with morally shit but economically sensible shit like pushing women out of certain jobs in favor of men made the initial economy relatively stable.Note this is also stupid long term but that’s measured in the terms of decades, also the only reason it worked was because of early 20th familial economics this wouldn’t work in the modern US for example.
Then theres the stripping wealthy minorities of their wealth which allowed them to fuel the war economy they were building but had the obvious effect of hurting the economy long term and scareing educated and experienced professionals away. The death camps come later long after the economy was exclusively propped up by the war and even then they wasted so much resources that it fucked them over even more.
Finally there’s the stripping of resources from conquered territories which was the only reason they were able to continue past Czechoslovakia, the German economy by the time of the invasion of Poland was basically a great wyrm consuming anything and everything it could find to keep itself alive. There’s a reason they slowed down so much invading the Soviets, it’s cause the Soviets scorched earthed everything and Africa had basically no payout.
But yeah the US ain’t got the same circumstances and if even a small civil war kicked off it’d probably be more than enough to kill the feds and half the states at this point. The US simply isn’t robust enough, it can’t fuel itself with revanchists like the Nazis nor can it burn itself to be reborn like Rome. The US is an old empire showing its age and facing a springtime of nations like the Austro-Hungarian empire or the Ottoman empire.
As much is it wouldn’t be fun to live through, it’s good in the long term
When this baby hits 88 you’re gonna see some serious shit
