This graphic should make every American pissed off

[Elim Garak]

debt doesnt mean anything when you are a country this big with your tentacles propping up everything.

Just nonsenical poltiical talking points

The only people that care about debt are conservatives when they are our of power. Otherwise it's not a factor.

 

[JNew]

Young politicians won't make a difference unless they change the system.

If we had a young politician he wouldn’t be rubbing shoulders with these war monger nation and doing favors for “relief aid”.

 

[Seoul Gleou]

Why exactly do people think happens when people like Paul zryan, Trump, Bush II, etc pushed corporate and individual tax breaks?

Why didn't Biden, Clinton, Obama, and Pelosi push against it?

Politicians on both sides of the Isle have either encouraged or failed to curb tax breaks. They are all cronies for the corporations and are fukking over everyone that isn't a boomer

I know all of this shyt but this graphic is stirring up anger on social media. As it should

 

[Darth Nubian]

Debt means nothing when its backed up by aircraft carriers, stealth bombers, and nuclear weapons. You gonna take our monopoly money and like it

 

[BaggerofTea]

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.

none of them seem like existential risks though

debt will slow down america for sure. but its better than the alternative.

Most people, yes most whites included are living off of the debt being generated here.


Why do you think Republicans talk for YEARS about cutting social security but never go through with it?


Debt is a demon here to stay

 

[Seoul Gleou]

The only people that care about debt are conservatives when they are our of power. Otherwise it's not a factor.

Credit rating agencies and central banks around the world would beg to differ breh

 

[BaggerofTea]

corporations only path 420 billion in taxes?

Crimes are being committed here


they pay a mere fraction in takes but outsize the citizenry in influence

 

[AAKing23]

Unchecked capitalism, where corpos are god on earth

 

[Elim Garak]

Credit rating agencies and central banks around the world would beg to differ breh

Sir they only care if we stop paying on them and we obviously aren't going to do this. No one is falling for this in 2024 but conservatives.

 

[Seoul Gleou]

none of them seem like existential risks though

debt will slow down america for sure. but its better than the alternative.

Most people, yes most whites included are living off of the debt being generated here.


Why do you think Republicans talk for YEARS about cutting social security but never go through with it?


Debt is a demon here to stay

No one is talking about the debt, we're talking about taxes.

Corporates should be paying trillions MORE than you and me. Not the other way around. That alone changes spending and debt instantly

 

[Elim Garak]

corporations only path 420 billion in taxes?

Crimes are being committed here


they pay a mere fraction in takes but outsize the citizenry in influence

Corporations should definitely pay more.

 

[Seoul Gleou]

Sir they only care if we stop paying on them and we obviously aren't going to do this. No one is falling for this in 2024 but conservatives.

US credit rating outlook lowered to "negative" by Moody's — here's why consumers should be worried

Moody's is the latest rating agency to lower the government's credit outlook. That could have implications for interest rates and more.

www.cnbc.com

Don't be so quick that the obvious is obvious.

 

[BaggerofTea]

No one is talking about the debt, we're talking about taxes.

Corporates should be paying trillions MORE than you and me. Not the other way around. That alone changes spending and debt instantly

you just posted a list of impacts of debt

 

[NobodyReally]

This is why pure unadulterated capitalism sucks. It has not obligation to the greater social good, and it elects and funds people who only want to make money, by any means necessary. Asking politicians who were put in their seats by this system for accountability is ridiculous and useless.

 

[Seoul Gleou]

you just posted a list of impacts of debt

The thread itself is about taxes. I answered your comment about debt with that list. The two aren't mutually exclusive