A debt crisis is looming; the national debt is the greatest problem. We’re running out of time.
What?
Yeah, the debt is just a crisis of convenience. We could pay it back easily if we just cut funds to the military and started taxing the wealthy at appropriate levels.The current housing food and Healthcare situations are actual cricies.
I remember the austerity measures of the 90s, and how the deficit was temporarily lowered, and how all that money went right into the pockets of the rich while public services and wages stagnated.
And that was when there were actual issues with runaway deficit spending.
Or the austerity measures of the 2000s the 2010s Etc. But the issue has never been with the deficit spending. But what the spending was on. Had the government taken all that money that it misappropriated and spent it on infrastructure housing etc. It would have returned massive dividends for the people. Tens of dollars return for every dollar invested. But that wouldn’t go to the pockets of the right people. The money was invested in places where the wealthy could easily pocket it. And that was the problem. Not the deficit spending itself.
Even as someone against the state in all of its forms. Deficit spending is one of the greatest powers for good a state can have sometimes. That individuals or even groups of individuals generally don’t. Unfortunately it generally gets applied to the wealthy and not the people. Which is why the state is the problem more than the deficit spending itself.
Buzzword Buckley
Fuck off with this spam.
