“Let’s run the country like a business!” Also, “let’s cut our revenue by the most ever seen in history”.
Our debt is going up! (surprised Pikachu face)
This is the liberals fault!
No business owner would voluntary cut their revenue. They’re not businessmen, they’re con artists turned tyrants.
all he ever known is laundering russians for thier money, through his casinos, using investors money than bankrupting to avoid any lawsuits against himselfs, or drown the opposition(the sue-r in so much shit) they cant fight them anymore.
(you’re probably looking for “plaintiff”)
“Suer” is also a word.
but that sounds like “sewer”
Well he is running it like a business hrs got ng yo bankrupt the country.
i thought we were going to doge that bullet
The secret is Trump will debase our currency to the point where a hotdog stand charges a million dollars for a can of soda. Then our debt will be relatively meaningless and easy to pay off.
I really hate that so much in US politics right now reminds me of 1930’s Germany
it also originated in america too. before nazi was the kkk, and the nazis used our segregation laws to implement thier own.
all this really benefits putin, if usa is weakened economically, and constantly infighting, they wont have a chance of defending russians goals of expansions.
“300 buys you a sandwich.”
Quite possibly a view into our future. Let’s hope the end of Nick Offerman’s performance is prescient.
Not if he keeps massively increasing the deficit it won’t be.
Then our debt will be relatively meaningless and easy to pay off.
Not that we would.
You did … by leaning into it and letting it hit you square in the chest … don’t worry the internal bleeding is slow, you’ll just slowly fall asleep and never wake up again.
Eh the media is already pretending Trump’s Biggest Tax In History will be turned into a cash funnel to pay down the debt. When in reality not a single dollar will flow there. The media is back to being totally complicit.
Pun is warranted and acceptable. Thank you
Solution: sacrifice the richest people until their wealth adds up to $37 trillion and maybe a few more rich people just for extra security
What happens when someone uses an entire country as collateral while stuffing their own pockets. Watch it happen, now!
Classic republicans spending way too much. To them conservative = spend and waste more.
There’s a world in which the US is carrying $37T, everyone lives in a spacious public condo, rides the UltraMax train around town to their 30 hour/week jobs or publicly financed doctor’s appointments or state financed university classes or luxury public park and spa.
And I think that would be money well spent.
Shame we don’t live in that country
“Sure, basically all available economic data suggests that society would become far more productive and stable if the neediest people were given enough stability to develop into contributing members of society, but if I don’t see people I don’t like suffering terribly then I will feel there is no right and wrong in the world and I might as well go have sex with a child like we all secretly want to.” - social conservatives (actually)
US debt reaches $37, a trillion years before expected. FIFY
This is how I first read the headline, too. It took a double-take to read it correctly.
I hope foreign nations blacklist the American elite from migrating to their shores and owning anything in their territories. The wealthy are parasites that inevitably kill the host.
I’m waiting for the inevitable response executive order: “Nuh uh - Donald J Trump”
(And then all the Republicans clapped)
“Biiiiiiiiiiden’s economy!?!”
“Hey… I found a dollar in the seat cushions!”
“TRUMP’S ECONOMY! TRUMP’S ECONOMYYY!!!”
I don’t know who was expecting it to take a trillion years, you can go 37$ in debt at the Taco Bell drive through
You fat bro.
A single combo is nearly $20.
…at Taco Bell? Nah
As long as you’re out can you get me a beef and bean burrito?
Order a number 6, but you better be packing a Jefferson.
Who is upvoting this? Taco Bell is the only fast food place left where this isn’t true.
Your comment is also not true.
Jesus wept. Those are prices for a modest sit-down restaurant meal.
Yeah. I’m not saying they’re good prices. It is definitely why one should skip and just go to a sit down restaurant OR just cook your own stuff.
This title could really use a comma.
US debt reaches $37, trillion years before expected.
I wish that was the actual debt and timeline. $37 debt would be preferable
Or scientific notation
Does anyone have data about how much additional debt has been piled since Trump started second term?
But how could that be possible? He’s a master businessman!
Ahh! Russia! Global Warming! The libs! Immigrants!
A fuckton of it.
I am sure but does anyone have a number?
“Conservative” fiscal “responsibility”
Those are just fake numbers. USA is not in debt, in fact it has a surplus of 9000 quintilions. Trump probably.
It’s OK. I heard after the prescription price reduction, he’s looking to lower the national debt by at least 1500% also.
Trump has definitely never used the word “quintillion”.
Trump will be the first president under which a sovereign default will occur
literally meaningless to me. i couldn’t care less. money is fake and nobody is ever going to do shit about the debt. who? tell me who is going to do what and without any devastating worldwide consequence?
we can owe $6 quintillion and it won’t mean shit we will print and print and borrow and borrow and so will every other country.
It’s a modern day religion … it’s a faith based system
It works and functions and is all powerful because enough people believe in it and hold all their faith in it … it’s faith and belief that make it work
But it’s also the Achilles heel of the whole system … if enough people in the whole system stop believing in it … it all collapses in on itself and it is destroyed and evaporates instantly.
This analogy is very apt. I stopped giving money (and wealth in general) power over my emotional state. I only care about making rent and many of my recent luxuries are buying independent art like games and music as well as local shops.
Turns out, if you stop wanting all the time, you also stop consuming.
Calm down there Siddhartha… /s
It was my introduction to Taoism that helped.
… it’s faith and belief that make it work
But it’s also the Achilles heel of the whole system … if enough people in the whole system stop believing in it … it all collapses in on itself and it is destroyed and evaporates instantly.
Just like the US Constitution.
So is the rest of our consensus reality…
Having large debt matters for how expensive access to cash is. No matter how “fake” it is, the financial system puts a premium on how long it takes to get their lent money back. The longer it’s stuck, the worse the reputation of getting it back, or simply the higher the demand — the higher the premium.
And as you need cash to make payments for goods and services (as opposed to tax rebates) that has the effect that US tax dollars and investments have lower rate of return as sufficient cash gets more expensive.
Another part is that the debt will be taken out in some form, e.g. foreign currency, making that currency more available for cash transactions (while at the same time making yours’ less available due to being locked into what you needed it for). This shifts trade away from USD, which makes it much harder to influence/control what it’s used for, how much it’s worth, and harder to make people care how much of it there is.
As the world trades in something besides USD and/or avoids investing in the US due to high costs/volatility, the US gets less relevant/influential in global policy, diplomacy, business, investments and even domestic policy.
It’s possible that other countries might start calling us on the debt, if we borrow faster than we lend, or faster than inflation.
Countries don’t have credit ratings in the same way Americans do, but they still have ratings on their bonds. If those ratings get downgraded, people stop lending us money, and then everything crashes and burns.
Our ratings HAVE been downgraded, and it’s only going to get worse
Most of our debt is domestically owned, though.
The same process still applies, though. Domestic lenders can also drive the rates up by refusing to lend.
i mean “it’s possible” and likely are two separate things. we all owe each other money. who is collecting from whom that doesn’t owe some other nation?
