How are we going to solve this problem, Yas Forums? The boomers have left us with an insane amount of debt and there's no possible way we can possibly pay it off. We're going to be living like serfs for the rest of our lives.
usdebtclock.org
The U.S. Debt is out of control
David Carter
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Ian Watson
>How are we going to solve this problem
We're not
Mitch McFaggel
>nobody ever lost a vote by spending money
Lucas Taylor
>How are we going to solve this problem, Yas Forums?
Tax cuts for the rich. They will revive our economy, just trust them.
Eli Martin
So, we're just going to be increasing our debt indefinitely?
Owen Perez
Just set it to 0.
There, problem solved.
Alexander Johnson
Print money at negative interest rates to eliminate debt.
Jace Walker
Bet on it, fiscal responsibility is dead in our massive welfare state
Jack Gonzalez
Vote more republicans in, they are all for small government and not letting debt get out of hand.
Carter Roberts
Explain how national debt works, in detail. I really want to hear how you think it works
Samuel Morris
Republicans just printed a trillion dollars and gave it to the wealthy. the idea that they care about fiscal responsibility is a meme.
Ryan Morgan
We create a budget. A deficit builds on that budget, consisting of costs that are not covered by collecting taxes. That deficit is added to the debt.
Nathan Sullivan
It's not going to be paid off. The only thing the USA are the yearly interest payments and that's it.
Kayden Diaz
I would not be surprised to see massive debt forgiveness globally. Literally every country will face total fuckdown if there isn't.
Which is what should have been done for the likes of Greece long ago.
Jonathan Bennett
No no no just trust them they totally have your best interests in mind.
Jeremiah Rogers
Disregard all debt held by China - there, you just cut the US national debt by about 7%, a good start.
Connor Howard
The debt grows by about that much every year.
Samuel Powell
Nobody’s ever going to pay the debt you child
Until the word stops demanding dollars (not going to happen) and until our creditors can put guns on dc and demand payments, we ain’t ever gunna pay it
Xavier Lee
Based. I remember Bernie Sanders former campaign manager coming to a university in my area to lecture economic policy. She had the nerve to brag about how debt really isn't an issue for the U.S. since everyone loves their bonds so much they can borrow cheap and then just print endlessly until inflation caps out.
It's a shame the entire crowd of our brightest future droolers failed to pick up on her bragging to their faces about exporting that inflation directly to us and the rest of the world. Oh well.
Ryan Allen
More money to Israel will solve also this.
Blake Lee
that debt literally means nothing. why do people act like it's a problem? there isn't some magic threshold where the economy collapses just because of some imaginary numbers
Eli Gonzalez
But that’s right tho
Since 2008 the USA has printed like 8 trillion dollars yet inflation has been minimal, no other nation is capable nor stable enough to replace the dollar as the world reserve.
As time goes on and stability fails even more demand comes for dollars, the us has so much foreign capitol flowing into it they keep down the inflation from the printing
Until that one way capitol flow relationship changes we can more or less print as much as we wantn
Christian Foster
Brrr for the brrr god!
Andrew Phillips
It’s a problem if like say you are Greece and other countries can demand you pay or impose austerity on you
But the USA is the USA so nobody can make us do anything.
Imagine if you were able to kill the board of directors at visa should you please. You think they’d cap your credit card limit? You think they’d charge you late fees????
Kek
Tyler Anderson
>in detail
>responds with an abstraction on the same level of knowledge as a 12 year old would explain it
Ok retard, freak out over the national debt if you want. But I suggest you pick up a book on basic economics
Jose Hughes
>How are we going to solve this problem, Yas Forums?
Simple: cancel all our debts to foreign nations. Literally tell them to stick it, especially China. If they don't like it, threaten war. Also, end the Federal Reserve and cancel those debts too. End fiat currency and return to a standard based on precious metals (doesn't have to be gold). Charge the Federal Reserve chairs with treason, the penalty of which is public execution.
Zachary Rodriguez
They gave me some money. They gave my boss free money to keep us on the payroll, Neither of us are rich. Stop being a jealous commie.
Logan Cox
>How are we going to solve this problem, Yas Forums?
Owen Hill
> We're going to be living like serfs for the rest of our lives.
This is literally their plan.
> The boomers have left us with an insane amount of debt and there's no possible way we can possibly pay it off.
We *could*, but it requires several approaches; like radically cutting government spending.
>How are we going to solve this problem, Yas Forums?
I'm trying to get this guy to run for president:
edward.fish
He has a set of proposed Constitutional amendments which would fix the ever-increasing debt ceiling, too:
edward.fish
Jeremiah Rogers
we don't pay back china
Easton Scott
Can't Americans just nuke whoever they owe money to?
Daniel Thomas
>Vote more republicans in, they are all for small government and not letting debt get out of hand.
Yeah.
Sadly, Republicans (at least at the national level) are *NOTHING* about what they say they are.