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Money and Finances
Reply to "How long till the economy collapses?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy. [/quote] Maybe you should check how much the national debt went up during Trump’s first term. I’ll save you the time, 7.8 trillion. So please stop saying “national debt “. It was never about that.[/quote] Yes, and also, please understand what the national debt actually is. Hint: it is not analogous to individual or household debt. The same word is being used to mean two different things and it's staggering to me how many people-- including politicians-- confidently throw the word around when [i]they don't know what it means[/i]. Or perhaps they're just counting on [i]you[/i] not knowing what it means and using it for scares. [/quote]
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