Nothing. It’d be funny if it wasn’t sad. The math isn’t mathing, the debt repayment is so high it’ll never be paid off normally

Plus you have private debt, which has also grown to an untenable level

There’s only three ways out of this historically. First, a jubilee… We just say fuck it, all debts are forgiven and we move forward. Second is a revolution where the new government doesn’t acknowledge the past debt

Finally, we have the option that’s actually going to happen, hyperinflation. Through devaluation of the currency, most debt will shrink until we get back to a manageable level and hopefully things stabilize

But dropping prices as well? Yeah, that’s just not happening. We could drop the prices of necessities through government intervention, but we’re going to have to take the socialism pill for that (which might happen, it’s looking appealing to more and more Americans these days)

But there’s no world where we both balance the budget and drop prices. Just a few years ago, we could’ve raised taxes and took a hatchet to defense spending and slowly worked it off while keeping inflation at a high but manageable level to whittle it down… But at this point, the debt is just too large