Powell: ‘The US is on an unsustainable fiscal path’
TheHill.com
https://thehill.com/homenews/4447860-powell-the-us-is-on-an-unsustainable-fiscal-path/Open linkView original on lemmy.worldhttps://thehill.com/homenews/4447860-powell-the-us-is-on-an-unsustainable-fiscal-path/Open linkView original on lemmy.world
Gee, if only you had a shitton of plutocrats to tap for tax.
From your lips to God's ears.
Billionaires are the visible tumorous growths from the cancer of capitalism.
The country that shall not be named has already figured this out:
⬆️This.
I think this is the place to post this so hopefully others can see the truth
https://realprogressives.org/debt-ceilings-for-dummies/
We don't need to tax the rich to fund shit. We need to tax them to remove their insane power in our political and economic system.
How can our government run out of the money it creates ex nihilo?
The "debt" is just the count of dollars that haven't been destroyed through taxation.
Thanks. I couldn’t find anything recent that informative. Wait until everyone finds out that federal income taxes are unnecessary to fund the the government.
You're welcome. It's just so plainly obvious when laid out logically. I feel stupid for having not seen it in the previous 30 something years. Spread the word!
It's getting closer to Robocop's version of Detroit
Seems like that 35 year old echo finally got to him.
https://www.usdebtclock.org/
I remember seeing this fucking thing running during the Bush years, and we were arguing over 5 trillion. Crazy to look at now.
CraziER
Damn them too?