While we do overspend the bigger problem is we under tax, specifically the rich. Our debt payments are also getting out hand which is going to be a big problem.
Comment on Do it for your country's debt!
French75@slrpnk.net 3 days agoThe thing is that he’s right
He’s not right. The national debt is way fuckin bigger than 3 trillion. He’s also wrong in presuming that an infusion of productivity (tax revenue) can “solve” intentional over-spending. He’s just a serial scammer spouting uninformed nonsense to stay relevant.
Zannsolo@lemmy.world 1 day ago
DannyMac@sh.itjust.works 2 days ago
You mean a simple solution won’t work for an exceptionally complex problem? 😱
IronBird@lemmy.world 2 days ago
last time i bothered doing the napkin math, it really wouldn’t take much to reduce the national debt to more sustainable pre-9/11 levels. just tax rich cunts (anyone who is a milllionaire) at 60-70’s level of taxation for 4 years and it would be paid down to that level within 1 election cycle
French75@slrpnk.net 2 days ago
I’m not suggesting it would take much, I’m merely suggesting that the dipshit isn’t serious and shouldn’t be taken seriously in this context. He’s not even trying to make a logical, reasoned point (as evidenced by the fact that he’s an order of magnitude off on what they national debt is). Here is merely a cog in the maga machine, tasked with saying dumb shit any time a microphone is in front of him.
Gorilladrums@lemmy.world 3 days ago
You’re completely right. It won’t solve the debt problem, that can only be solved with a redone trade policy. I’m just saying that in the abstract, its a good direction to go in IF we implement the stuff that I listed in my comment. People will work better if the system works for them. It currently doesn’t, and people are just trying to survive.