Billionaires are a cancer. They should have to pay restitutions to the society they harmed - starting with paying down national debt.
These ultra rich scum literally benefitted the most from the creation of the debt, they should be made to pay it off.
Just a reminder of which US political party has historically been the most fiscally responsible — in case you’ve forgotten. #USPol #USPolitics #politics #economy #NationalDebt #Deficit #TheDeficitMyth
@Remittancegirl
During the #Carter Administration, War Bonds to pay for the Vietnam War came due and the national #Debt (not Deficit) increased $200B from $600B to $800B.
Ronald Reagan criticized Carter on the campaign trail for increasing the Debt by "a third".
By year six of the Reagan presidency, he had TRIPLED the #NationalDebt (from $800B to $2.4T.)
#TFG #2020 #GuttedTheUS #NationalDebt
From today in 2020...And yet everyone fell for the culture wars AGAIN and put this asshole in office.
Anyone else want policymakers to adopt #JessicaBRiedl's ideas to stabilize #USA's unsustainable #NationalDebt?
I knew #SocialSecurity and #Medicare were likely the lowest hanging fruit; I didn't know they pay out up to 3 times what seniors contribute.
https://freakonomics.com/podcast/ten-myths-about-the-u-s-tax-system
Numbers don't lie. Republicans are BAD at managing the nation. Full stop.
Trump Signs Order to Create a ‘Crypto Reserve,’ Adviser Says - The first-of-its-kind reserve would be anchored by a stash of Bitcoin the government alre... - https://www.nytimes.com/2025/03/06/technology/trump-crypto-reserve-executive-order.html #unitedstatespoliticsandgovernment #executiveordersandmemorandums #worldlibertyfinancial #bitcoin(currency) #nationaldebt(us) #virtualcurrency #trumpdonaldj #sacksdavido
**Trump’s claim that US debt calculation may be fraudulent could put the economy in danger**
_“But Trump’s comments risk shaking the confidence of financial markets, leading traders to reassess the reliability of official data and the potential risks associated with US Treasury bonds. Whether truth or tale, such remarks touch on sensitive issues regarding fiscal responsibility and transparency in government.”_
#Data #Economy #Economics #Debt #NationalDebt #DonaldTrump #Trump #USA #US #UnitedStates #America #Politics #USPol @economics
It's like while we were out working and raising a family, the #dempublicans sold us out to the banks, big tech, eCommerce, outsourcing, food cartel, pharma, big oil (recycling, climate change, lead) and HMO's.
https://en.wikipedia.org/wiki/2008_financial_crisis
We owe more money than any Nation in the World, and we are LOWERING TAXES. When is the time to pay off a debt if it is not when you are doing well? […] Will you tell me any good reason (OUTSIDE OF POLITICS) why Taxes should be lowered this year? I know it’s good politics to lower taxes. In fact, did you ever figure it out Taxes is all there is to Politics? I bet you tomorrow if you started a Political Party and had this as its platform , “No taxes are to be paid at all. We will borrow money on our National resources for all current expenses. Remember the Slogan. No Taxes as long as we can borrow.” Well I will bet you you would have the biggest Political party in America .
Will Rogers (1879-1935) American humorist
Column, (1926-01-10), “Weekly Article”
Sourcing, notes: wist.info/rogers-will/74811/
HERE COMES THE NEXT CON.
#DonTheCon... who promised & failed to balance the #budget and reduce the #NationalDebt during his first term (before EXPLODING the #Debt/#Deficit) is about to try & convince people that our Debt isn't really as big as people (you know: Accountants & Auditors) say it is due to fraud. #SuckersAndLosers #BornEveryMinute #TooStupidForPolitics
https://www.reuters.com/markets/us/trump-says-us-might-have-less-debt-than-thought-2025-02-09/
Trump's new 5 trillion dollar add the the deficit taxes
NBC News: Republicans eye dueling budget votes next week as #MikeJohnson faces pressure to act
new analysis found that #Trump's tax agenda could add at least $5 #trillion to the #nationaldebt, with Republicans facing divisions on how to advance the president's policy priorities.
crypto bros out here proposing a "flywheel" mechanism by which Trump can use #TRUMP tokens to solve the national debt crisis...
at least he's clear eyed about the fact that bitcoin is really no different from #TrumpCoin...
A First-Day Trump Order: A Federal Stockpile of Bitcoin? - The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, ... - https://www.nytimes.com/2025/01/16/technology/trump-bitcoin-stockpile.html #unitedstatespoliticsandgovernment #computersandtheinternet #bitcoin(currency) #nationaldebt(us) #virtualcurrency #inaugurations #ripplelabsinc #lummiscynthia #trumpdonaldj #stockpiling
In America's history, 21.8% of our nation's debt was accumulated during the four years of Trump's Presidency, 21.8%. How dare Republicans lecture America about fiscal responsibility ever.
Im #Westen nichts Gutes: Krise in #Frankreich, Gefahren für die #EU und warum #Deutschland nicht besser dasteht (Infoartikel + Kommentar) #Economy #Geopolitics #EU #France #Germany #NationalDebt #Staatsschulden #PoliticalInstability #Politics #Instability
@Wileymiller @GottaLaff #GOP screaming about the #NationalDebt now enters its traditional silence during #Republican administrations. It will resume again if a Democrat is ever allowed to be elected POTUS again.
(9/12) #Obama turned "Dubya"s disastrous economy around & #Unemployment fell to 4.6% (down from 10.0% soon after taking over from Bush-43.)
When T**** managed to defeat #Hillary and took over as president, he made NO CHANGE to Obama's economic policies other than "cut #taxes" & "cut interest rates"… two things you do to goose a BAD economy.
The economy was hot, but his massive tax cuts caused the #Deficit & #NationalDebt to explode.
When #Covid crashed the economy, he was left w/no recourse.
(1/12) ONE OF THE BENEFITS OF BEING AN OLDER VOTER is that we've witnessed the arc of history to explain #HowWeGotHere.
In 1992, Pres George HW ("Poppy") Bush crashed the economy, helping elect Bill Clinton.
The Clinton/Gore Admin did an amazing job turning the #economy around. By 2000, #Unemployment had fallen to an amazing 3.9% and the #NationalDebt clock was actually SHUT OFF as it started running *backward* for the first time as we started paying off our #Debt:
https://www.youtube.com/watch?v=1mTj33oepkQ
Bonus video link.
https://www.youtube.com/watch?v=1Fcy3CuTsYE
Bonus link: "Voters don't care about the #NationalDebt : that's a problem for politicians. They were elected to mend the #NHS and stop #sewage in the rivers, that's what the government is for."
https://eastangliabylines.co.uk/pecksniff/pecksniffs-diary-26-10-24/
