America's Debt Crisis Is Bigger Than You Think

If I mess up at my job I’d probably get chewed out and fired. The leaders of the greatest country in world mess up they say “it’s because of the left or right.” When did we start electing children in office? We need real leaders in office.

We really grew up to inherit debt and a dying planet lmao

Classic saying, "If you owe the bank a hundred dollars, that’s your problem. If you owe the bank a million dollars, that’s the bank’s problem."

Warren Buffett famously said about how to end the Fiscal Deficit saying that “I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

"Such a thing only happens on the timescale of decades, rather than years" Ohoho, watch out the Fed is going to take that personally. Prophetic

The problem with politicians talking about cutting spending is they almost always mean taking important social safety nets from people and never cutting useless and expensive bureaucracy and asking why we spend nearly $1 trillion a year on a defense budget

I’m gonna be a banker for Halloween. I’m gonna eat all my candy, eat all your candy and then I’m gonna convince the government that if i don’t get more candy, we will all starve

In the 1990's, the federal debt was one of *the main issues* in American politics. Both main parties sought to pay it off through different methods. Now in the 2020's, neither political party even mentions it. The US government spends more money servicing interest on its debt than it does its military. Many EU and Asian nations are similar.

Five months later... We are now watching the story unfold.

Who’s revisiting this after all the tarifs ? And chaos