Look at how much you pay as an individual and look at how much corporations pay
Then look at how much goes into health and medicare
What the fukk are politicians doing and why the fukk are we cool with this
This graphic should make every American pissed off
- Thread starter Seoul Gleou
- Start date
Look at how much you pay as an individual and look at how much corporations pay
Then look at how much goes into health and medicare
What the fukk are politicians doing and why the fukk are we cool with this
Why? Thats always been Americas motto is operate on debt 
Elim Garak
Veteran
I don't give a fukk about the National debt. I do believe we need to have a better mix of socialism such as UBI and Universal health care. Also would like to see a universal childcare system.
OperationNumbNutts
Superstar
That has been going on for decades. State budgets are no different neither. If you want to see your state, google that statement and comprehensive annual financial report (CAFR).
That can only happen if people and corporations are taxed fairly
Apple and Microsoft are trillion dollar companies and will not contribute even half as much tax as the richest Americans
The national debt is a symptom of incompetent and corrupt politicians
RickyDiBiase
aka Hash Brown Hands
Are you allergic to reading or just retarded?
debt doesnt mean anything when you are a country this big with your tentacles propping up everything.
Just nonsenical poltiical talking points
Just nonsenical poltiical talking points
RickyDiBiase
aka Hash Brown Hands
Are you allergic to reading or just retarded?
Shut the fukk up c00n
Elim Garak
Veteran
That's fine it still needs to happen.
OperationNumbNutts
Superstar
Young politicians won't make a difference unless they change the system.
The national debt and deficit of the United States, like those of any country, can be seen as potentially problematic for several reasons:
1. **Interest Payments**: A significant portion of the budget goes towards paying interest on the debt, which can limit the government's ability to fund other important areas like education, infrastructure, or defense.
2. **Economic Growth Impact**: High levels of debt can potentially slow economic growth. If investors start seeing the debt as unsustainable, it could lead to higher interest rates, which would increase the cost of borrowing for both the public and private sectors.
3. **Inflation Risk**: To manage high levels of debt, a government might be tempted to print more money, which can lead to inflation. Inflation reduces the purchasing power of money, affecting citizens’ living standards.
4. **Reduced Flexibility in Fiscal Policy**: With a high debt level, the government may have less flexibility to use fiscal policies to respond to economic crises or recessions, as additional spending could exacerbate the debt situation.
5. **Future Generations**: High national debt can be seen as placing a burden on future generations who will be responsible for paying it off, potentially through higher taxes or reduced government services.
6. **Global Confidence**: Excessive debt may affect the country's credit rating and international investors' confidence, impacting foreign investment and the global standing of the U.S. dollar.
Pocket watching ass nikka
What exactly do people think happens when people like Paul Ryan, Trump, Bush II, and the Republican Party, have pushed and passed corporate and individual tax break after tax break?
Taxes are one of the main sources of government revenue. People like Mitt Romney, Ryan, Trump and the Republican Party have attempted to kill the government source of funding and basically gut and repeal the income tax act.
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