If we emptied the account of every rich asshole like this we would achieve the same thing AND lose a whole class of dickbags that think they should be in charge.
"As of January 2026, the total U.S. national debt has exceeded $38.5 trillion. This figure represents the total money borrowed by the federal government to cover annual deficits, which is growing rapidly, with a rise of over $2 trillion in 2025 alone."
I definitely want to tax the hell out of the rich, but we are in a deep hole. A long term systemic change will serve us better (or in addition to) talking all of their money now.
This debt is not important dude. You can pay any debt that is taken with your own money. You just cant pay if your debt is in other types, like gold silver or other currencies.
They created this system intentionally, so that they wont tax the rich and they make us poorer by printing money, and they have an excuse for stupid things.
The only problem with paying this debt, is people starts to distrust us dollar around the world, which is what they should do.
I checked, and 100% of the debt is in USD. So, the govn can pay it right away.
No offense but i think you should learn a bit about more about economics, specifically about how currency works. Long story short, if a currency loses a lot of value in comparison to other currencies, the 'local' system collapses. So the very important task of a government (or its central bank really) is to keep it's relative value high (not too high, but that's a story for another day. The us gov (or the Federal Reserve in this case) would fail very very hard if they would decide to create 38 trillion usd. It is especially problematic considering the financial problems that it would cause are on top of all the other shit that's going on.
Yes I agree. It wouldnt be problem-free. What I mean is, you can pay the debt, if your debt was in another currency, you might be in a position that you just cant pay the debt.
Firstly the debt is for a long time. The debt until the next year is 10 trillion. You can pay this debt with wealth taxes if you dont want to print more money. Secondly, USA has to produce. It stopped producing good tech, China nowadays owns every tech production. If it earns money, it can pay this debt.
Thirdly, most of the debt is domestic and to the rich. You can just stop paying this. You are the government dude, you are taxing people's labor, you are taxing every transaction, most countries have stamp tax that doesnt even exist, you can oc tax this money too, and sometimes governments do this.
We have to tax the rich, even if we paid all the debt, we still have to tax the rich. This is required for justice, this is required for people to love their country, this is required to stop poverty, homelessness. When we have a just society people are going to help their country willingly. But currently, some people are killing others, raping bribing, doing anything and we can do nothing about it, while being hungry.
We have to tax the rich, even if we paid all the debt, we still have to tax the rich. This is required for justice, this is required for people to love their country, this is required to stop poverty, homelessness.
Totally agree
When we have a just society people are going to help their country willingly
It surely helps when people feel proud of supporting their countries healthcare, pensions, education etc but i don't think it will eliminate the narcisistic greed of the typical billionaire.
Having that debt played a big part in the US gaining the soft power that it used to have. Long term I'm not sure we'd even want to eliminate that debt but maybe target to keep it near the inflation rate.
Basically "if you owe the bank a dollar you have a problem. If you owe the bank a billion dollars the bank has a problem" but extended out to international scale. If your roi depended on the US being sound and successful you'll take steps to ensure that outcome.
Oh I'm way off on the amount. I think I had that 2 Trillion increase in my head as the full debt.
I fully support long term change though yeah. I feel like the entire country, not just politicians but business men and regular day to day folk, don't think more than the next quarter.
The corporations can't see past their next set of financial statements for action that is true. Not legally even by their charters. They could be sued by their shareholders for not maximizing shareholder value.
The debt itself means nothing. The only thing that matters are the interest. So sure, a debt increasing much faster than the economy is an issue. But there is no point in throwing around big numbers. The US GDP was $31.8 trillions in 2025.
The debt will grow. It is intended to grow, that's by design. You should have a small deficit every year. That's why the rest of the economy should follow, so that the interest are not becoming overwhelming. The current issue is the US budget (but that's not the only one, see France for example) is heavily imbalanced because of very large tax cuts to the ultra-wealthy and corporates. With that, you have the description of the issue as well as the obvious solution.
According to the US Federal Reserve data, there is $2.3 trillion in circulation and $3.5 trillion in reserve balance.
As of the end of 2024, around 55.4 billion US notes of all denominations were in circulation.
and
As of July 2025, the M1 money supply is $18.4 trillion.
In other words, if these statistics are correct, since trump took office, in approximately one year's time, the total amount of USD in circulation has increased by over 40×. In case anyone's not aware, that's not a good thing.
That's probably why he keeps saying "the economy is doing great." He looks at all those dollars and thinks "we're all rich!" not understanding or not caring that it means the actual value of the USD possessed by most ordinary people is actually being watered down by that increase, while the amount of USD they own is not increasing proportionally to the total amount of USD. (Or he doesn't care at all and is outright lying, which wouldn't be out of character. As long as his and his buddies' bank accounts are going up due to bribes, extortion, and embezzlement, the economy is working fine for him...)
And that's just physical bank notes! In about half of a year, under trump's watch, the total amount of USD in cash and checking accounts has more than doubled.
Anyway, my point is, if you include savings accounts, mutual funds, and other M2 assets, the total amount of USD worldwide increases to $123 trillion as of January, 2026.
The US debt, at $38.5 trillion, is nearly a quarter of the total amount of M2 USD assets worldwide. Assuming the relationship is linear, printing that much USD would lower the relative value of each dollar to nearly 75¢ in today's USD. That's nearly 25% inflation overnight.
Ha! What an odd coincidence, and yet I'm not surprised!
Well, for the record, the webcomic cat would do things like get distracted and lose mousey toys during surgery, and I'd still trust him over Oprah's favorite daytime human scat commentator. Lol
Best of luck on your journey engineering the perfect diss joke. XD
Just as a heads up, you dont need to carry a balance and be charged interest - you can pay off your cards each month, and thus never accumulating interest, and still have an improved score; simply pay the statement balance before the due date
If you're doing that you have zero need to bow to any single credit card company.
I don't even read 90% of the credit card offers I get, I have plenty of cards, and they are all at zero. Go ahead, cancel me. I'll have a new one in 15 minutes.
We’re constantly more productive and never see a reduction in work hours, only more work. You bring this up to one of these fucks or their simps and they say “sure, but when will the work get done?” as if that comment makes even the slightest amount of sense.
The very first thing we all need to do is stop working so hard. The rich don’t have any real skills and they have no power without the people they exploit.
Americans are trained to believe that our National Debt is some kind of foreign imposed obligation that comes with the threat of sanctions and military intervention if we fail to pay it. Because that's how we handle debts international, it must be how we handle debts internally.
But this doesn't give much more income to the government. Even if $3 Trillion more dollar circulated, disregarding job market dillution and lack of skilled labor, then the GOP defficit adds about a trillion per year and this would only generate about 15% taxes on those wages and other wealth transfers or only 450 billion.
Also, that 3Tn number makes no sense because each of 4.5M 18 year olds would have to generate $666,666 revenue.
Why not pay off the debt by reducing military spending by 90% for the next thirty years. We would still be in the top three countries for military spending.
This shitty idea is a thousand times better than anything Oz could come up with.
Also, you know, making the rich people pay even the same taxes WE pay, let alone the 50-90% marginal rates from decades ago, when the country was strong.
The thing is that he's right, but will these sleazy fucks do anything to actually make it happen? Well let's see what they're to implement...
A universal healthcare system so Americans are healthier and less stressed? Nope
Free college so Americans can start their careers as efficiently as possible? Nope
Free universal daycare for all American parents so they could focus on their careers without being to stressed about where to take their kids? Nope
Raising the minimum wage to something livable so people don't depend on government programs? Nope
Investing in public transport so people can more reliably commute to work and find new jobs? Nope
Strengthening worker rights to ensure that workers are taken care of, thus ensuring their longevity and productivity? Nope
Passing union friendly policies while prosecuting union busting businesses to make sure American workers feel their hard work isn't being taken advantage of? Nope
Regulating hazardous workplace conditions to ensure the safety of workers? Nope
So what they fuck do they mean by this? They clearly don't care about the debt or the well being of Americans since they're not willing to do anything about either. No, what they want are results without any of the work needed to achieve it. They're not looking for a more productive economy, they're looking for slaves.
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.
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.
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.
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
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.
Honestly, those are important arguments and people would be wise to make them.
Outside this bubble that kind of talk is very accepted and desired. Convincing people it's better for the economy, starting a business doesn't risk losing healthcare, businesses now don't need to waste time and money picking health insurance plans, etc. Are all valid arguments and would only help achieve the end goal of universal healthcare.
Well, the same applies to social services (welfare) and education, and the rich and powerful already know all this. So why do you think they don't want us comfortable, educated, healthy, and secure?
Name one person uplifted by Oprah that's not a fucking ghoul.
Dr Oz, "Dr" Phil, John of God, each more evil than the last.
At least Dr Oz is legitimately a good heart surgeon. If that's all he ever did he'd have been a net positive on the world. As it is, he's caused far more harm to more people than he ever helped.
That's what happens when you give the richest people tax breaks and subsidise all your rich buddies endevours without uplifting the lowest socio-economic portions if society.
The best way to fix the economy is always to give the poorest more money (or less financial burden) because they spend a much higher percentage (usually all) of their excess income to keep afloat or improve their way of life.
The worst way is to give rich people more money. Because they horde it, gamble on non tangible goods (stocks, crypto, "ai" etc), send it off shore, keep it in the family and share it with other rich people etc.
It's ironic that the party that always does the worse thing for the economy and demonises doing the best is seen by the masses as the "good for the economy" party.
Although, my experience definitely differed. I tried the "Get a job out of highschool" thing, but there were lines around the block consisting of former cubicle-dwellers with 3 kids applying to my local In-N-Out Burger, so stuff was bleak. I was fortunate I was able to wait a little while.
not as much anymore. it's hard enough for a grown adult to have a 20 year old car and an entry level service industry job, which I hear from boomers is what they could afford with a part time job in high school.
some teens still work but usually only if their families really need the money. middle class teens are told to laser focus on college resume padding, so grades and extracurricular are what they end up doing. parents worry that a job will distract from algebra homework, and football or marching band looks better to prestigious colleges than McDonalds (non adult directed activities aren't counted at all)
I didn't get my first job until after I dropped out of college
(non adult directed activities aren't counted at all)
I guess this closes certain avenues of BSing the system but also, wow that feels crazy arbitrary and unfair. Damn, it makes a lot of sense that this would be some kinda unspoken rule of what counts.
Not to be too conspiracy-brain but it really fits that notion that modern schooling exists solely to subsidize corporate recruitment.
"We made our own film/robots/fundraiser/business!" 👎👎
"I did several months' worth of free labor for a wealthy multinational conglomerate!"
😎
👈👈
Cool. I agree. Was just covering my butt online, I suppose.
Especially because I don't want to come off as anti-education or anti-intellectual, but the gatekeepers to that education are so beyond corrupt at this point.
It's wild to me that kids these days expect their parents to pay for their college. I worked for like 8 years saving money before I could go to school.
Now I'm not even using my degree and barely making enough money to exist.
Alternatively, actually tax the top 10% at the 37% tax rate for everything earned above $600k, and let the working class try to enjoy a little life, with healthcare coverage.
Bonuses paid in stock should be taxed by the cash value of the stock at time of the bonus of shares gained or 37% of the shares gained go to the government to be sold 1/12 at a time over the next year.
as an aside - Read somewhere that this argument that the government can't afford all of these things like healthcare, infrastructure, etc. that would help most people is bullshit. Since the federal government prints it's own money there is nothing that it can't afford. We spent 3 - 8 trillion on the Afghanistan and Iraq wars alone. And when people argue that it will increase inflation - sure maybe, but if you tax wealthy people more it can cover part or all of the newly printed money.
Note: I'm a bit of an idiot about this stuff - so this article could be completely off base and I just wouldn't know.
Printing money isn't usually a good idea as it generally causes inflation/devaluation of the currency. So while the US could do it, the outcome would probably be devastating.
In basic terms, the more of something you have the less valuable it becomes. This works for things like trading cards/collectibles, but also applies to money.
A good real world example of this recently was the pandemic. Between reduced spending (due to be cooped up) and stimulus money (ppp loans, checks, etc.), a lot of Americans came out of the pandemic looking to spend. This huge surge in spending meant a lot of people fighting over a set amount of goods (since during the pandemic manufacturing took a hit). So high demand and low/constrained supply leads to rising prices. So while people have more money, that doesn't necessarily mean they can buy more things.
Instead of trying to extend the prole's work life by a couple years, we COULD tax billion-dollar companies and their owners by 2% more and make three times as much money!
But we can't! Sorry. Our hands are tied
Also, can't afford minimum wage increase this year, the budget is tight
Oh! Almost forgot! We need a raise of 10% this year, and it's time for our winter break! After winter break, it's spring break. Then we will come back to "work" to pass more important legislation, right before our summer break.
You don't get breaks every year? Damn. Well, life is not fair what can we do later gator
Two of the three points he made are total horseshit, but let's not throw out that last one:
If we could get the average American to start working a year earlier, right out of high school, or a year later --not retire -- orwork better during their lifetime because they're healthy, it would generate about $3 trillion to the US economy.
Got injured on the job? Can't work anymore? Well, that's okay. We have a nurse's station behind the woodshed out back. Just stand there and face the wall, and soon your injury won't be a problem.
"Too old to perform? Well, just come back here behind this woodshed and face the wall, and we can discuss our retirement plan." The HR rep says as they pull a revolver.
No it wouldn't! They'd just create even more debt, and then try to tell people that, if they'd start working earlier, and keep working later, and work harder, then..... they could create even MORE debt.
I would blanket not trust anything from "HR News" and just go somewhere else to find that information. One of their blogs posted here about a month ago was titled something like "Study finds 15% of Reddit content is generated by bots" or whatever.
The catch is that they only say the year and the journal. No hyperlink, no identifier, no author names, no volume + issue, no name of the artcle. After exhausting every article from that journal that year and keyword searching the fuck out of it just in case they were stupid and got the year or journal wrong, the inevitable conclusion is either that HR News is LLM slop with zero fact-checking or that it's written by a human author who will uncritically regurgitate made-up shit they read elsewhere. I'd link you to the discussion, but the post was removed – almost certainly because it was proved to be misinformation.
Yeah, the EPI is a source that I trust to carry its bias and a regard for factual accuracy at the same time. I think it's going to be a good read; thanks!
Im doing whatever I can to not work. My family and friends are more important to me than any job.
What can you possibly offer to me that would make that math change? Threats? There's more of us than you buddy. There's a reason its "eat the rich" and not tax them. We dont need you, you need us.
You’re likely being hyperbolic but the new tax code proposal by Vought and Heritage is to that end. To financially incentivize marriage over single living especially in the presence of children. Leaving a bad marriage would be financially difficult at best.
There is the pool of people that are looking for a job but currently doesn't have a job. There you have many unexploited work hours. Start there genius.
The plan is to physically destroy yourself to fix an entirely imaginary problem.
The ‘National Debt’ is merely the cumulative tally of money that nation’s government has ‘spent’ into, and not yet taxed out of, existence. It imposes no tangible burden, and believing it does helps the owning class convince the uninitiated to choose and work against their own interests.
Debt is caused by the rich refusing to contribute.
Everyone needs adequate healthcare, housing, clean food and water, transport, and a pristine environment.
This argument lends weight to the specious idea that taxation on wealth hoarding is necessary to pay for the provision of society.
Provisioning healthcare, housing, food, water, transport, and a liveable environment is not constrained by financing, it’s an exclusively social and political choice to not allocate or deploy the appropriate resources.
The financially obese should be euthanised through taxation, not because we need their money, but because they’re an existential threat to any society that tolerates them.
Yeah but cardiothorasic surgeons are right next to them as they're more or less completely shielded from monetary concerns and firmly camped on mount stupid about everything but their special subset of surgery
Isn't this one of the assholes insisting AI is going to take all our jobs? Why do you suddenly need 17-year-olds in the workforce and 67-year-olds delaying their retirement if Computers Are Gonna Do It in another ten years?
Nevermind the baby-brained cost-benefit analysis of pulling in under-educated teenagers for low margin labor or stalling burnouts from leaving the workforce. "Work Harder, Not Smarter" appears to be the motto of the modern capitalist.
My favorite are the ones that complain about how nobody wants to work and everybody's lazy. Yet, they themselves stopped working in their mid-50s after fighting for years to get on disability for their unhealthy lifestyles (obesity & cigarettes).
This is why I've been not purchasing much anymore. Beyond food and what I need for work as well as shelter, there's not much else to spend money on. I've developed some hobbies and I'm focusing more on the good they do for me.
Fuck the debt, but since we're living longer we should be contributing to society longer. Not amazon, but something like growing weed in your basement. Or crops in backyard for farmers market.
Sure. Once every billionaire has been taxed out of existence, and if we still don't have enough money, we can start talking about increasing the retirement age.
If, on the other hand, taxing the billionaires out of existence is more than we need, we can lower the retirement age.
We could start collecting social security at 40 if we taxed the ultra-rich properly.
Why is it that they always talk about giving the working class more work? It is another conondrum where the borguoise are put once again as the victims - erasing all their wrongdoings because of their fault.
The extension they're giving to the working life isn't a novelty anymore. It should be quite clearcut that they're manipulating people just to pay off their debt.
What really matters is what the people are going to do - as long as the misinformation campaigns and indoctrination to wage slavery continue, shit like this will continue as well. Its up to the people to decide when that tipping point will be reached - if it does.
Work more, work longer, work for less, work better, work work work! Between all that start pumping out kids without missing work! We need them coming out as soon as possible so we can send them to more wars and grind them into our drugs.
Sorry for that. I understand how our family can be hurtful to us and impact our worldviews, but generalizing our family experience to an entire population isn't a good thing to do...
There is, but to be fair I needed a lot more coffee when I was typing my comment this morning- I didn't mean to say that to genx, I meant to insult boomers but had an idiot moment.
Is he saying that USA plan to borrow $3 trillion this year ? Because last year it was $1 trillion dollars.
Where the fuck are we all going ? Where are the limits ?
You can really tell that no one actually criticizes these people to their faces. Who says this shit? I would be roasted for weeks for saying anything that stupid in a public place.
Anyone who thinks a currency-issuing country like the US would be better off by taking $3 trillion OUT OF CIRCULATION, thereby making the American public $3 trillion POORER clearly shows that they understand NOTHING about how economies work.
One would think that would go without saying, but in today's world, the ivy league suits tell us falsehoods and we believe it. Not us but us collectively. Burn the ivy league to the ground.
I keep hoping that all the demonic shit Aaron Rupar is covering will eventually push him to the left. I'm amazed how he can still be a milquetoast lib while being constantly exposed to evil.
Or we could kill all the Sociopathic Oligarchs and their families, and repatriate their stolen wealth. If anyone starts to earn more than, say, $10 million dollars, their entire family gets executed, and their wealth repatriated.
"If you would all just put in even more effort within a system that economically, physically, and mentally crushes you for your entire life, the billionaires won't have to give up their undeserved wealth! Whaddaya say, guys!?"
"Thank you all for working earlier and retiring later. What you've done has wiped out that horrid national debt...
Now for some more good news we've got an even newer, bigger, better, more tremendous national debt because, well, we are either fucking useless with money or just robbing thieving cunts that plain just stole all that cash from your hard work to buy ourselves mansions and yachts.
So everyone will now have to start work at 14 and retire at, lol I don't know, 78? to get rid of this national debt. We pinky promise not to rob all this money though. Honest.
Right I'm off to buy another yacht. See ya, suckers!"
Of course, I've already seen this future. As soon as you have a meaningful amount of labor value to extract, it's straight to work for you. You work until all your labor value is extracted. "Oh, you're ready to retire? Well, alright. If you'll just come back here behind this woodshed and face the wall, we can discuss your plans." Your boss says as he pulls a revolver...
195 Comments
UnspecificGravity@piefed.social · 274 pts · 190d
If we emptied the account of every rich asshole like this we would achieve the same thing AND lose a whole class of dickbags that think they should be in charge.
mushroommunk@lemmy.today · 111 pts · 190d
The top 25 US billionaires could pay off US debt. Not even every billionaire. They total about 3 trillion net worth.
That's ignoring say the $60 billion or so Apple has in cash and who knows what other companies have
BillSchofield@lemmy.world · 48 pts · 190d
"As of January 2026, the total U.S. national debt has exceeded $38.5 trillion. This figure represents the total money borrowed by the federal government to cover annual deficits, which is growing rapidly, with a rise of over $2 trillion in 2025 alone."
I definitely want to tax the hell out of the rich, but we are in a deep hole. A long term systemic change will serve us better (or in addition to) talking all of their money now.
sahin@lemmy.world · 30 pts · 190d
This debt is not important dude. You can pay any debt that is taken with your own money. You just cant pay if your debt is in other types, like gold silver or other currencies.
They created this system intentionally, so that they wont tax the rich and they make us poorer by printing money, and they have an excuse for stupid things.
The only problem with paying this debt, is people starts to distrust us dollar around the world, which is what they should do. I checked, and 100% of the debt is in USD. So, the govn can pay it right away.
huppakee@piefed.social · 14 pts · 190d
No offense but i think you should learn a bit about more about economics, specifically about how currency works. Long story short, if a currency loses a lot of value in comparison to other currencies, the 'local' system collapses. So the very important task of a government (or its central bank really) is to keep it's relative value high (not too high, but that's a story for another day. The us gov (or the Federal Reserve in this case) would fail very very hard if they would decide to create 38 trillion usd. It is especially problematic considering the financial problems that it would cause are on top of all the other shit that's going on.
sahin@lemmy.world · 2 pts · 190d
Yes I agree. It wouldnt be problem-free. What I mean is, you can pay the debt, if your debt was in another currency, you might be in a position that you just cant pay the debt.
Firstly the debt is for a long time. The debt until the next year is 10 trillion. You can pay this debt with wealth taxes if you dont want to print more money. Secondly, USA has to produce. It stopped producing good tech, China nowadays owns every tech production. If it earns money, it can pay this debt.
Thirdly, most of the debt is domestic and to the rich. You can just stop paying this. You are the government dude, you are taxing people's labor, you are taxing every transaction, most countries have stamp tax that doesnt even exist, you can oc tax this money too, and sometimes governments do this.
We have to tax the rich, even if we paid all the debt, we still have to tax the rich. This is required for justice, this is required for people to love their country, this is required to stop poverty, homelessness. When we have a just society people are going to help their country willingly. But currently, some people are killing others, raping bribing, doing anything and we can do nothing about it, while being hungry.
huppakee@piefed.social · 1 pts · 189d
Totally agree
It surely helps when people feel proud of supporting their countries healthcare, pensions, education etc but i don't think it will eliminate the narcisistic greed of the typical billionaire.
sahin@lemmy.world · 0 pts · 189d
If he is a narcissistic, and he bribes govn or forces govn by media or something, he should be jailed.
legion02@lemmy.world · 14 pts · 190d
Having that debt played a big part in the US gaining the soft power that it used to have. Long term I'm not sure we'd even want to eliminate that debt but maybe target to keep it near the inflation rate.
Basically "if you owe the bank a dollar you have a problem. If you owe the bank a billion dollars the bank has a problem" but extended out to international scale. If your roi depended on the US being sound and successful you'll take steps to ensure that outcome.
mushroommunk@lemmy.today · 5 pts · 190d
Oh I'm way off on the amount. I think I had that 2 Trillion increase in my head as the full debt.
I fully support long term change though yeah. I feel like the entire country, not just politicians but business men and regular day to day folk, don't think more than the next quarter.
hector@lemmy.today · 1 pts · 190d
The corporations can't see past their next set of financial statements for action that is true. Not legally even by their charters. They could be sued by their shareholders for not maximizing shareholder value.
matlag@sh.itjust.works · 4 pts · 190d
The debt itself means nothing. The only thing that matters are the interest. So sure, a debt increasing much faster than the economy is an issue. But there is no point in throwing around big numbers. The US GDP was $31.8 trillions in 2025.
The debt will grow. It is intended to grow, that's by design. You should have a small deficit every year. That's why the rest of the economy should follow, so that the interest are not becoming overwhelming. The current issue is the US budget (but that's not the only one, see France for example) is heavily imbalanced because of very large tax cuts to the ultra-wealthy and corporates. With that, you have the description of the issue as well as the obvious solution.
wonderingwanderer@sopuli.xyz · 3 pts · 189d
https://www.rankred.com/how-much-money-is-there-in-the-world/ (January 2, 2026)
Also, I find this tidbit interesting:
and
In other words, if these statistics are correct, since trump took office, in approximately one year's time, the total amount of USD in circulation has increased by over 40×. In case anyone's not aware, that's not a good thing.
That's probably why he keeps saying "the economy is doing great." He looks at all those dollars and thinks "we're all rich!" not understanding or not caring that it means the actual value of the USD possessed by most ordinary people is actually being watered down by that increase, while the amount of USD they own is not increasing proportionally to the total amount of USD. (Or he doesn't care at all and is outright lying, which wouldn't be out of character. As long as his and his buddies' bank accounts are going up due to bribes, extortion, and embezzlement, the economy is working fine for him...)
And that's just physical bank notes! In about half of a year, under trump's watch, the total amount of USD in cash and checking accounts has more than doubled.
Anyway, my point is, if you include savings accounts, mutual funds, and other M2 assets, the total amount of USD worldwide increases to $123 trillion as of January, 2026.
The US debt, at $38.5 trillion, is nearly a quarter of the total amount of M2 USD assets worldwide. Assuming the relationship is linear, printing that much USD would lower the relative value of each dollar to nearly 75¢ in today's USD. That's nearly 25% inflation overnight.
Whostosay@sh.itjust.works · 8 pts · 190d
It's not even "the debt"
It's their fucking debt. It's the literal bill they keep skipping out on.
timbuck2themoon@sh.itjust.works · 4 pts · 190d
Nitpick- that is the deficit, not the debt. Like elsewhere said, debt is near 40 trillion.
Otherwise I still agree with the suggestion.
wonderingwanderer@sopuli.xyz · 1 pts · 189d
$3 trillion is only enough to cover the annual deficit (that's how much the debt grows by each year). Oz doesn't know what he's talking about.
wonderingwanderer@sopuli.xyz · 2 pts · 189d
Sovereign wealth fund, universal healthcare, and free education!
aesthelete@lemmy.world · 68 pts · 190d
Adding $3 trillion in GDP would not remove the debt anyway. Assholes like this one don't even understand how GDP is calculated nor what it means.
BabyVi@lemmy.world · 20 pts · 190d
Mfs legit think GDP stands for Gross Domestic Profit.
HowAbt2day@futurology.today · 12 pts · 190d
You’re not a team player, are you? Work more and work harder. For the team. /s
MonkeMischief@lemmy.today · 4 pts · 190d
"We're all in this together."
"You're an essential worker."
"We're a family."
Telltale signs of a malignant sociopath.
ZoteTheMighty@lemmy.zip · 12 pts · 190d
It's beautifully wrong on so many levels.
SeeMarkFly@lemmy.ml · 66 pts · 190d
Doctors I trust more than Doctor Oz, Doctor Phil, or RFK Jr.
Doc Brown
Doc Hollywood
Doctor Bombay
Doctor Claw
Doctor Demento
Doctor Detroit
Doctor Dirty
Doctor Dolittle
Doctor Doofenshmirtz aka Dr. D or just “Doof”
Doctor Doom
Doctor Evil
Doctor Feelgood
Doctor Frankenstein
Doctor Hannibal Lecter
Doctor Horrible
Doctor Jekyll
Doctor Leonard H. "Bones" McCoy
Doctor Martens
Doctor Moreau
Doctor Nick
Doctor Otto Octavius
Doctor Pepper
Doctor Scholl's
Doctor Orin Scrivello
Doctor Seuss
Doctor Spaceman
Doctor Spock
Doctor Strange
Doctor Strangelove
Doctor Who
Doctor Zhivago
Doctor Zoidberg
Dr. Dre
Dr. Enuf
Dr. Tran
Rug Doctor
Even Nurse Ratchet
pennomi@lemmy.world · 34 pts · 190d
TexasDrunk@lemmy.world · 12 pts · 190d
Dr. Mrs. The Monarch.
officermike@lemmy.world · 13 pts · 190d
You left out Doctor Kevorkian
SeeMarkFly@lemmy.ml · 9 pts · 190d
Every time I post this list I get a few more suggestions. I can't believe it took this long for Kevorkian to show up.
He is a good doctor. He did EXACTLY what his patience wanted. Some people can't see past that.
THANKS!
UnderpantsWeevil@lemmy.world · 8 pts · 190d
I'm convinced she's a Deputy Secretary at HHS somewhere in the Trump org chart.
MonkeMischief@lemmy.today · 3 pts · 190d
Certified hood classic lmao.
"He's a REAL DOCTOR."
"Oh shit, it's Dr. Tran!"
(context for the confused because this masterpiece is now old enough to drive and in some regions, drink.)
BarneyPiccolo@lemmy.today · 7 pts · 190d
You forgot:
Doc Johnson
Doc Gooden
Dr J, Julius Irving
The Doctor, ST:Voyager
SeeMarkFly@lemmy.ml · 4 pts · 190d
LOL How did I miss that one.
THANKS for playing!
BarneyPiccolo@lemmy.today · 2 pts · 189d
And don't forget the Spin Doctors!
Notyou@sopuli.xyz · 5 pts · 190d
Prunebutt@slrpnk.net · 4 pts · 190d
Doctor Princess?
Doctor Kelso?
Doctor No?
Doctor Nick?
MonkeMischief@lemmy.today · 3 pts · 190d
Doctor Cat M.D!
SeeMarkFly@lemmy.ml · 2 pts · 190d
This is a real doctor. Too confusing or not funny. https://beautybydrcat.com/
MonkeMischief@lemmy.today · 2 pts · 189d
Ha! What an odd coincidence, and yet I'm not surprised!
Well, for the record, the webcomic cat would do things like get distracted and lose mousey toys during surgery, and I'd still trust him over Oprah's favorite daytime human scat commentator. Lol
Best of luck on your journey engineering the perfect diss joke. XD
paequ2@lemmy.today · 3 pts · 190d
Dr. Simi
atopi@piefed.blahaj.zone · 3 pts · 190d
you have to mess up a lot to be less trustworthy than someone called Doctor Evil
SeeMarkFly@lemmy.ml · 3 pts · 190d
Dr. Oz will kill you.
Dr. Phil will take all your money.
RFK Jr. LOOKS sick. Don't take health advice from sick people.
SeeMarkFly@lemmy.ml · 1 pts · 190d
Yes, somebody is really messed up. How many guesses do I get?
MonkeMischief@lemmy.today · 2 pts · 190d
"Oh shit, it's Dr. Tran!"
karashta@piefed.social · 57 pts · 190d
Or we could stop lying about what the national debt is and tax the wealthy to destroy their absurd power.
https://mmt101.substack.com/p/mmt-basics-national-debt-defined
uberdroog@lemmy.world · 46 pts · 190d
Or we could make it illegal to be a billionaire.
jontree255@lemmy.world · 44 pts · 190d
“Please stay in the corporate meat grinder so we can have enough money to fuck kids then bomb them”
CombatWombatEsq@lemmy.world · 38 pts · 190d
cAUzapNEAGLb@lemmy.world · 9 pts · 190d
Just as a heads up, you dont need to carry a balance and be charged interest - you can pay off your cards each month, and thus never accumulating interest, and still have an improved score; simply pay the statement balance before the due date
CombatWombatEsq@lemmy.world · 3 pts · 190d
cAUzapNEAGLb@lemmy.world · 3 pts · 190d
Yes, i was talking about revolving credit
Tower@lemmy.zip · 3 pts · 190d
I've seen people have their cards cancelled for doing this. Rare, but not unheard of.
twack@lemmy.world · 7 pts · 190d
If you're doing that you have zero need to bow to any single credit card company.
I don't even read 90% of the credit card offers I get, I have plenty of cards, and they are all at zero. Go ahead, cancel me. I'll have a new one in 15 minutes.
marcos@lemmy.world · 5 pts · 190d
Well, actually yes, countries paying down their debt is not a good thing.
But they can switch the debt into a form that doesn't pay any interest.
CombatWombatEsq@lemmy.world · 14 pts · 190d
Soup@lemmy.world · 34 pts · 189d
We’re constantly more productive and never see a reduction in work hours, only more work. You bring this up to one of these fucks or their simps and they say “sure, but when will the work get done?” as if that comment makes even the slightest amount of sense.
The very first thing we all need to do is stop working so hard. The rich don’t have any real skills and they have no power without the people they exploit.
Triumph@fedia.io · 33 pts · 190d
That's not how national debt works you absolute ladle.
UnderpantsWeevil@lemmy.world · 11 pts · 190d
Americans are trained to believe that our National Debt is some kind of foreign imposed obligation that comes with the threat of sanctions and military intervention if we fail to pay it. Because that's how we handle debts international, it must be how we handle debts internally.
BillyClark@piefed.social · 3 pts · 190d
If the government has more income, that just means they have more money to give to corporations and wealthy people.
CaptDust@sh.itjust.works · 3 pts · 190d
Because you give them the money, then they use it to generate even more money for the country?
It does come back through taxes? right?
anakin_padame.jpg
FiniteBanjo@feddit.online · 1 pts · 190d
But this doesn't give much more income to the government. Even if $3 Trillion more dollar circulated, disregarding job market dillution and lack of skilled labor, then the GOP defficit adds about a trillion per year and this would only generate about 15% taxes on those wages and other wealth transfers or only 450 billion.
Also, that 3Tn number makes no sense because each of 4.5M 18 year olds would have to generate $666,666 revenue.
Doomsider@lemmy.world · 28 pts · 190d
Garbage people produce garbage ideas.
Why not pay off the debt by reducing military spending by 90% for the next thirty years. We would still be in the top three countries for military spending.
This shitty idea is a thousand times better than anything Oz could come up with.
BanMe@lemmy.world · 8 pts · 189d
Also, you know, making the rich people pay even the same taxes WE pay, let alone the 50-90% marginal rates from decades ago, when the country was strong.
Gorilladrums@lemmy.world · 26 pts · 190d
The thing is that he's right, but will these sleazy fucks do anything to actually make it happen? Well let's see what they're to implement...
So what they fuck do they mean by this? They clearly don't care about the debt or the well being of Americans since they're not willing to do anything about either. No, what they want are results without any of the work needed to achieve it. They're not looking for a more productive economy, they're looking for slaves.
French75@slrpnk.net · 32 pts · 190d
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.
Gorilladrums@lemmy.world · 3 pts · 190d
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.
Zannsolo@lemmy.world · 3 pts · 189d
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.
DannyMac@sh.itjust.works · 3 pts · 189d
You mean a simple solution won't work for an exceptionally complex problem? 😱
IronBird@lemmy.world · 2 pts · 190d
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 · 1 pts · 189d
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.
anon_8675309@lemmy.world · 22 pts · 190d
Or if we tax billionaires and corporations…
PistolPete@lemmy.ml · 1 pts · 190d
Don't forget those pesky religious tax exemptions too, while you're at it.
TheReturnOfPEB@reddthat.com · 19 pts · 190d
universal health care would accomplish the same thing
more worker more healthy better economy
Prunebutt@slrpnk.net · 6 pts · 190d
You found the only liberal argument for healthcare.
timbuck2themoon@sh.itjust.works · 4 pts · 190d
Honestly, those are important arguments and people would be wise to make them.
Outside this bubble that kind of talk is very accepted and desired. Convincing people it's better for the economy, starting a business doesn't risk losing healthcare, businesses now don't need to waste time and money picking health insurance plans, etc. Are all valid arguments and would only help achieve the end goal of universal healthcare.
GreyEyedGhost@piefed.ca · 2 pts · 190d
Well, the same applies to social services (welfare) and education, and the rich and powerful already know all this. So why do you think they don't want us comfortable, educated, healthy, and secure?
boaratio@lemmy.world · 17 pts · 189d
Fucking ghoul. Thanks Oprah for making him famous.
SippyCup@lemmy.world · 13 pts · 189d
Name one person uplifted by Oprah that's not a fucking ghoul.
Dr Oz, "Dr" Phil, John of God, each more evil than the last.
At least Dr Oz is legitimately a good heart surgeon. If that's all he ever did he'd have been a net positive on the world. As it is, he's caused far more harm to more people than he ever helped.
Zephorah@discuss.online · 3 pts · 189d
There is a Behind the Bastards on this very topic.
Tiger666@lemmy.ca · 5 pts · 189d
Oprah is part of the club that you are not in.
Derpenheim@lemmy.zip · 16 pts · 190d
Did I fuckin miss something? We are 30 trillion in debt.
Karjalan@lemmy.world · 13 pts · 190d
That's what happens when you give the richest people tax breaks and subsidise all your rich buddies endevours without uplifting the lowest socio-economic portions if society.
The best way to fix the economy is always to give the poorest more money (or less financial burden) because they spend a much higher percentage (usually all) of their excess income to keep afloat or improve their way of life.
The worst way is to give rich people more money. Because they horde it, gamble on non tangible goods (stocks, crypto, "ai" etc), send it off shore, keep it in the family and share it with other rich people etc.
It's ironic that the party that always does the worse thing for the economy and demonises doing the best is seen by the masses as the "good for the economy" party.
wreckedcarzz@lemmy.world · 2 pts · 190d
'simple, if one extra year is 3T, instead of hiring kids at 16, we hire them at 6' --dr dumbass
IAmYouButYouDontKnowYet@reddthat.com · 16 pts · 190d
Fresh out of highschool? Wtf... Are kids really not getting jobs while still going to highschool anymore...
We were getting jobs as soon as law allowed us.
Am I out of touch or is this guy just an extreme privileged cunt?
NocturnalMorning@lemmy.world · 20 pts · 190d
He's super out of touch, I had a part time job when I was 15 at a Dairy Queen. And as far as I'm aware, that's still pretty common.
moody@lemmings.world · 7 pts · 190d
Some people do, for sure, but lots of people don't get a job until college age, or in some cases until after graduating.
MonkeMischief@lemmy.today · 8 pts · 190d
No :)
Totes!
Although, my experience definitely differed. I tried the "Get a job out of highschool" thing, but there were lines around the block consisting of former cubicle-dwellers with 3 kids applying to my local In-N-Out Burger, so stuff was bleak. I was fortunate I was able to wait a little while.
fluffykittycat@slrpnk.net · 4 pts · 190d
not as much anymore. it's hard enough for a grown adult to have a 20 year old car and an entry level service industry job, which I hear from boomers is what they could afford with a part time job in high school.
some teens still work but usually only if their families really need the money. middle class teens are told to laser focus on college resume padding, so grades and extracurricular are what they end up doing. parents worry that a job will distract from algebra homework, and football or marching band looks better to prestigious colleges than McDonalds (non adult directed activities aren't counted at all)
I didn't get my first job until after I dropped out of college
MonkeMischief@lemmy.today · 4 pts · 190d
I guess this closes certain avenues of BSing the system but also, wow that feels crazy arbitrary and unfair. Damn, it makes a lot of sense that this would be some kinda unspoken rule of what counts.
Not to be too conspiracy-brain but it really fits that notion that modern schooling exists solely to subsidize corporate recruitment.
"We made our own film/robots/fundraiser/business!" 👎👎
"I did several months' worth of free labor for a wealthy multinational conglomerate!" 😎 👈👈
fluffykittycat@slrpnk.net · 3 pts · 190d
It's not a conspiracy that's openly what it's for
MonkeMischief@lemmy.today · 3 pts · 189d
Cool. I agree. Was just covering my butt online, I suppose.
Especially because I don't want to come off as anti-education or anti-intellectual, but the gatekeepers to that education are so beyond corrupt at this point.
IAmYouButYouDontKnowYet@reddthat.com · 1 pts · 190d
It's wild to me that kids these days expect their parents to pay for their college. I worked for like 8 years saving money before I could go to school.
Now I'm not even using my degree and barely making enough money to exist.
fluffykittycat@slrpnk.net · 2 pts · 190d
College is way too expensive to pay for yourself
hector@lemmy.today · 2 pts · 190d
Turret3857@infosec.pub · 2 pts · 190d
Zephorah@discuss.online · 15 pts · 189d
Alternatively, actually tax the top 10% at the 37% tax rate for everything earned above $600k, and let the working class try to enjoy a little life, with healthcare coverage.
Zannsolo@lemmy.world · 9 pts · 189d
Bonuses paid in stock should be taxed by the cash value of the stock at time of the bonus of shares gained or 37% of the shares gained go to the government to be sold 1/12 at a time over the next year.
arnitbier@sh.itjust.works · 4 pts · 189d
Holy fuckballs. We really gotta get this solution implemented somehow that's fascinatingly brilliant
Keep thinking and posting the thoughts. Its doing you, and us all, some good 👍
birdwing@lemmy.blahaj.zone · 1 pts · 185d
Why 37%?
Zannsolo@lemmy.world · 1 pts · 185d
It's the top tax rate. It could be 90% and if be fine with that
DoctimusLime@todon.nl · 1 pts · 185d
@Zannsolo @birdwing eat the rich asap fam 💪
birdwing@lemmy.blahaj.zone · 1 pts · 185d
Just 37%?
Why not tax wealth+income above $2 million USD with a 99% tax? Someone having 1 billion then still will have 10 million.
SnarkoPolo@lemmy.world · 14 pts · 189d
Sell yourself to indentured servitude at 18 and work until you're found dead by the janitor. Your corporate masters need a new Ferrari!
Lemminary@lemmy.world · 14 pts · 190d
So when do you start doing actual work, Oz?
GoofSchmoofer@lemmy.world · 14 pts · 190d
as an aside - Read somewhere that this argument that the government can't afford all of these things like healthcare, infrastructure, etc. that would help most people is bullshit. Since the federal government prints it's own money there is nothing that it can't afford. We spent 3 - 8 trillion on the Afghanistan and Iraq wars alone. And when people argue that it will increase inflation - sure maybe, but if you tax wealthy people more it can cover part or all of the newly printed money.
Note: I'm a bit of an idiot about this stuff - so this article could be completely off base and I just wouldn't know.
jacksilver@lemmy.world · 3 pts · 190d
Printing money isn't usually a good idea as it generally causes inflation/devaluation of the currency. So while the US could do it, the outcome would probably be devastating.
In basic terms, the more of something you have the less valuable it becomes. This works for things like trading cards/collectibles, but also applies to money.
A good real world example of this recently was the pandemic. Between reduced spending (due to be cooped up) and stimulus money (ppp loans, checks, etc.), a lot of Americans came out of the pandemic looking to spend. This huge surge in spending meant a lot of people fighting over a set amount of goods (since during the pandemic manufacturing took a hit). So high demand and low/constrained supply leads to rising prices. So while people have more money, that doesn't necessarily mean they can buy more things.
Mulligrubs@lemmy.world · 13 pts · 190d
Instead of trying to extend the prole's work life by a couple years, we COULD tax billion-dollar companies and their owners by 2% more and make three times as much money!
But we can't! Sorry. Our hands are tied
Also, can't afford minimum wage increase this year, the budget is tight
Oh! Almost forgot! We need a raise of 10% this year, and it's time for our winter break! After winter break, it's spring break. Then we will come back to "work" to pass more important legislation, right before our summer break.
You don't get breaks every year? Damn. Well, life is not fair what can we do later gator
Marshezezz@lemmy.blahaj.zone · 13 pts · 190d
SnarkoPolo@lemmy.world · 2 pts · 189d
I just retired, during the holidays. I didn't think retiring would be an act of resistance.
Marshezezz@lemmy.blahaj.zone · 1 pts · 189d
SnarkoPolo@lemmy.world · 2 pts · 188d
I was fortunate to be in a union.
Rivalarrival@lemmy.today · 13 pts · 190d
Two of the three points he made are total horseshit, but let's not throw out that last one:
Universal Health Care fucking now.
AutistoMephisto@lemmy.world · 5 pts · 190d
Their healthcare plan is this:
Got injured on the job? Can't work anymore? Well, that's okay. We have a nurse's station behind the woodshed out back. Just stand there and face the wall, and soon your injury won't be a problem.
"Too old to perform? Well, just come back here behind this woodshed and face the wall, and we can discuss our retirement plan." The HR rep says as they pull a revolver.
Sunflier@lemmy.world · 2 pts · 190d
-The rich and their political cronies
Tetragrade@leminal.space · 12 pts · 190d
This is going to be so great for the Rich People's Pedo Island Money.
BanMe@lemmy.world · 2 pts · 189d
Space X/X AI/Twitter (soon to include Tesla in a giant Xterfuck) will soar to all new market caps.
nulluser@lemmy.world · 12 pts · 190d
No it wouldn't! They'd just create even more debt, and then try to tell people that, if they'd start working earlier, and keep working later, and work harder, then..... they could create even MORE debt.
Iheartcheese@lemmy.world · 10 pts · 190d
I hope Dr Oz is killed in front of his family
Sunflier@lemmy.world · 2 pts · 190d
. . . painfully and slowly.
fujiwood@lemmy.world · 10 pts · 190d
TheTechnician27@lemmy.world · 2 pts · 190d
I would blanket not trust anything from "HR News" and just go somewhere else to find that information. One of their blogs posted here about a month ago was titled something like "Study finds 15% of Reddit content is generated by bots" or whatever.
The catch is that they only say the year and the journal. No hyperlink, no identifier, no author names, no volume + issue, no name of the artcle. After exhausting every article from that journal that year and keyword searching the fuck out of it just in case they were stupid and got the year or journal wrong, the inevitable conclusion is either that HR News is LLM slop with zero fact-checking or that it's written by a human author who will uncritically regurgitate made-up shit they read elsewhere. I'd link you to the discussion, but the post was removed – almost certainly because it was proved to be misinformation.
zout@fedia.io · 3 pts · 190d
Prego: https://time.com/5888024/50-trillion-income-inequality-america/
fujiwood@lemmy.world · 2 pts · 190d
TheTechnician27@lemmy.world · 2 pts · 190d
Yeah, the EPI is a source that I trust to carry its bias and a regard for factual accuracy at the same time. I think it's going to be a good read; thanks!
fujiwood@lemmy.world · 2 pts · 190d
RememberTheApollo_@lemmy.world · 10 pts · 190d
Already trying to roll back child labor laws under trump’s previous administration. Why did they decide to pay attention now?
BigDiction@lemmy.world · 10 pts · 190d
‘Work better during their lifetime because they’re healthy’ is actually the way forward.
But of course it’s mentioned last because the first two proposals are a lot cheaper and faster.
Phil_in_here@lemmy.ca · 1 pts · 190d
Only when the inverse is also true, if you're allowed to live even when you can't contribute.
Paid sick days? That'd cost the economy today. Who gives a shit about tomorrow?
Valmond@lemmy.dbzer0.com · 10 pts · 189d
Like they'd use the money to pay back the debt lol.
Beero@lemmy.world · 4 pts · 189d
Fuckin funniest part of the whole thing.
lolola@lemmy.blahaj.zone · 10 pts · 190d
Watching the US try to fix the country without taxing rich fuckers is like watching a poor person try to budget their way out of being poor.
Sometimes you just need more fucking money.
lectricleopard@lemmy.world · 9 pts · 190d
Im doing whatever I can to not work. My family and friends are more important to me than any job.
What can you possibly offer to me that would make that math change? Threats? There's more of us than you buddy. There's a reason its "eat the rich" and not tax them. We dont need you, you need us.
namingthingsiseasy@programming.dev · 9 pts · 189d
It's so hard to understand why so many people don't want to have kids
SnarkoPolo@lemmy.world · 4 pts · 189d
No worries! The Republican solution is forced marriage and outlaw birth control.
Zephorah@discuss.online · 1 pts · 189d
You’re likely being hyperbolic but the new tax code proposal by Vought and Heritage is to that end. To financially incentivize marriage over single living especially in the presence of children. Leaving a bad marriage would be financially difficult at best.
CaptDust@sh.itjust.works · 9 pts · 190d
I don't want to hear about national debt from a politician ever again. Doge fixed it all, were doing great. Kindly fuck off.
morto@piefed.social · 8 pts · 190d
If necromancy was a thing, they would make us work even after dying
snooggums@piefed.world · 4 pts · 190d
Robocop has entered the chat
someguy3@lemmy.world · 8 pts · 190d
Unfortunately our work doesn't go towards the debt. It goes to making the rich richer.
BigMacHole@sopuli.xyz · 8 pts · 190d
If we WANT to Fix the Debt we need to
Tax like 5 REALLY Rich People!Get RID of Retirement!RedGreenBlue@lemmy.zip · 8 pts · 190d
There is the pool of people that are looking for a job but currently doesn't have a job. There you have many unexploited work hours. Start there genius.
Also set a 99% tax rate on wealthy people.
Now that would generate more $ for the economy.
nonentity@sh.itjust.works · 8 pts · 190d
The plan is to physically destroy yourself to fix an entirely imaginary problem.
The ‘National Debt’ is merely the cumulative tally of money that nation’s government has ‘spent’ into, and not yet taxed out of, existence. It imposes no tangible burden, and believing it does helps the owning class convince the uninitiated to choose and work against their own interests.
birdwing@lemmy.blahaj.zone · 1 pts · 190d
Debt is caused by the rich refusing to contribute. Everyone needs adequate healthcare, housing, clean food and water, transport, and a pristine environment.
nonentity@sh.itjust.works · 2 pts · 190d
This argument lends weight to the specious idea that taxation on wealth hoarding is necessary to pay for the provision of society.
Provisioning healthcare, housing, food, water, transport, and a liveable environment is not constrained by financing, it’s an exclusively social and political choice to not allocate or deploy the appropriate resources.
The financially obese should be euthanised through taxation, not because we need their money, but because they’re an existential threat to any society that tolerates them.
captainlezbian@lemmy.world · 7 pts · 190d
Motherfucker you're a surgeon, not an economist
hector@lemmy.today · 1 pts · 190d
To be fair economists are the last ones you can trust on the economy, as they are paid by monied interests.
captainlezbian@lemmy.world · 1 pts · 190d
Yeah but cardiothorasic surgeons are right next to them as they're more or less completely shielded from monetary concerns and firmly camped on mount stupid about everything but their special subset of surgery
UnderpantsWeevil@lemmy.world · 7 pts · 190d
Isn't this one of the assholes insisting AI is going to take all our jobs? Why do you suddenly need 17-year-olds in the workforce and 67-year-olds delaying their retirement if Computers Are Gonna Do It in another ten years?
Nevermind the baby-brained cost-benefit analysis of pulling in under-educated teenagers for low margin labor or stalling burnouts from leaving the workforce. "Work Harder, Not Smarter" appears to be the motto of the modern capitalist.
OldChicoAle@lemmy.world · 7 pts · 190d
Yeah I didn't make that debt. You pay it.
ScoffingLizard@lemmy.dbzer0.com · 0 pts · 190d
No fucking shit.
OldChicoAle@lemmy.world · 1 pts · 189d
Are you okay?
InvalidName2@lemmy.zip · 6 pts · 190d
My favorite are the ones that complain about how nobody wants to work and everybody's lazy. Yet, they themselves stopped working in their mid-50s after fighting for years to get on disability for their unhealthy lifestyles (obesity & cigarettes).
SpruceBringsteen@lemmy.world · 6 pts · 190d
Dude who can't even be trusted in his primary field of study is now slowly drifting out of his lane. How long before he starts talking about AI too?
bitwolf@sh.itjust.works · 6 pts · 189d
Or just allow more immigrants into the economy. Then our GDP would grow.
birdwing@lemmy.blahaj.zone · 2 pts · 185d
And tax the billionnaires properly - and if they don't want that, make them unable to flee their capital from being taxed.
pyre@lemmy.world · 6 pts · 189d
who gives a shit about your stupid debt. if you have debt ask your billionaire friends to spot you.
Rooty@lemmy.world · 6 pts · 190d
Increased productivity means jack shit when the results of said productivity are being sucked up by people at the top.
SinningStromgald@lemmy.world · 5 pts · 190d
How about we institute a wealth tax, uncap social security taxes, halve the defense budget, and roll out medicare for all instead.
BeardededSquidward@lemmy.blahaj.zone · 5 pts · 190d
This is why I've been not purchasing much anymore. Beyond food and what I need for work as well as shelter, there's not much else to spend money on. I've developed some hobbies and I'm focusing more on the good they do for me.
melfie@lemy.lol · 5 pts · 190d
IronBird@lemmy.world · 3 pts · 190d
whats this from?
WrenMala8@pawb.social · 2 pts · 190d
It's an Irish sitcom called "Father Ted"
SnarkoPolo@lemmy.world · 2 pts · 189d
Ah feck, DRINK
melfie@lemy.lol · 1 pts · 189d
SnarkoPolo@lemmy.world · 2 pts · 189d
Down with this sort of thing!
Nomorereddit@lemmy.today · 5 pts · 190d
Fuck the debt, but since we're living longer we should be contributing to society longer. Not amazon, but something like growing weed in your basement. Or crops in backyard for farmers market.
Rivalarrival@lemmy.today · 4 pts · 190d
Sure. Once every billionaire has been taxed out of existence, and if we still don't have enough money, we can start talking about increasing the retirement age.
If, on the other hand, taxing the billionaires out of existence is more than we need, we can lower the retirement age.
We could start collecting social security at 40 if we taxed the ultra-rich properly.
ScoffingLizard@lemmy.dbzer0.com · 1 pts · 190d
Kill a billionaire for every ICE murder.
Virtvirt588@lemmy.world · 5 pts · 190d
Why is it that they always talk about giving the working class more work? It is another conondrum where the borguoise are put once again as the victims - erasing all their wrongdoings because of their fault.
The extension they're giving to the working life isn't a novelty anymore. It should be quite clearcut that they're manipulating people just to pay off their debt.
What really matters is what the people are going to do - as long as the misinformation campaigns and indoctrination to wage slavery continue, shit like this will continue as well. Its up to the people to decide when that tipping point will be reached - if it does.
BeardededSquidward@lemmy.blahaj.zone · 5 pts · 190d
Work more, work longer, work for less, work better, work work work! Between all that start pumping out kids without missing work! We need them coming out as soon as possible so we can send them to more wars and grind them into our drugs.
Reygle@lemmy.world · 5 pts · 190d
"Grind the younger generation in to dust for ME!" -Boomers, always
Edit: retracted- it's much more the boomers, I misspoke
morto@piefed.social · 14 pts · 190d
Don't fall for the lie of generational conflicts. They're mostly fabricated by social media. The true conflict is the class war
Reygle@lemmy.world · 1 pts · 190d
Oh I'm not falling for anything. I basing this solely on the actions of my own father.
morto@piefed.social · 4 pts · 190d
Sorry for that. I understand how our family can be hurtful to us and impact our worldviews, but generalizing our family experience to an entire population isn't a good thing to do...
marine_mustang@sh.itjust.works · 7 pts · 190d
Funny, the media vilified us as Slackers, then Millenials as Snowflakes, then Gen Z as Entitled. There’s a pattern.
Reygle@lemmy.world · 3 pts · 190d
There is, but to be fair I needed a lot more coffee when I was typing my comment this morning- I didn't mean to say that to genx, I meant to insult boomers but had an idiot moment.
marine_mustang@sh.itjust.works · 1 pts · 190d
Completely understandable.
hesh@quokk.au · 3 pts · 190d
Leave gen x out of this. This dude and his cronies are boomers.
Reygle@lemmy.world · 3 pts · 190d
Fair. Edited. Needed more coffee earlier.
lolola@lemmy.blahaj.zone · 1 pts · 190d
vane@lemmy.world · 4 pts · 190d
Is he saying that USA plan to borrow $3 trillion this year ? Because last year it was $1 trillion dollars.
Where the fuck are we all going ? Where are the limits ?
hector@lemmy.today · 1 pts · 190d
Bankruptcy is the limit, incoming.
Ascendor@discuss.tchncs.de · 4 pts · 190d
Same is happening in Germany right now. Work more, longer, get less pensions, receive less health care, be less sick.
drdiddlybadger@pawb.social · 4 pts · 190d
You can really tell that no one actually criticizes these people to their faces. Who says this shit? I would be roasted for weeks for saying anything that stupid in a public place.
HailSeitan@lemmy.world · 4 pts · 190d
Anyone who thinks a currency-issuing country like the US would be better off by taking $3 trillion OUT OF CIRCULATION, thereby making the American public $3 trillion POORER clearly shows that they understand NOTHING about how economies work.
hector@lemmy.today · 3 pts · 190d
One would think that would go without saying, but in today's world, the ivy league suits tell us falsehoods and we believe it. Not us but us collectively. Burn the ivy league to the ground.
gabbath@lemmy.world · 4 pts · 190d
I keep hoping that all the demonic shit Aaron Rupar is covering will eventually push him to the left. I'm amazed how he can still be a milquetoast lib while being constantly exposed to evil.
BarneyPiccolo@lemmy.today · 4 pts · 190d
Or we could kill all the Sociopathic Oligarchs and their families, and repatriate their stolen wealth. If anyone starts to earn more than, say, $10 million dollars, their entire family gets executed, and their wealth repatriated.
They won't be able to give it away fast enough.
Lushed_Lungfish@lemmy.ca · 4 pts · 190d
Well, you could reduce your military spending as well, but that's just crazy talk.
AmbitiousProcess@piefed.social · 3 pts · 190d
"If you would all just put in even more effort within a system that economically, physically, and mentally crushes you for your entire life, the billionaires won't have to give up their undeserved wealth! Whaddaya say, guys!?"
Assassassin@lemmy.dbzer0.com · 3 pts · 190d
Why would I work more? So that shitheads like oz can make more profit from me?
NauticalNoodle@lemmy.ml · 3 pts · 190d
that math don't add
D_C@sh.itjust.works · 2 pts · 190d
"Thank you all for working earlier and retiring later. What you've done has wiped out that horrid national debt...
Now for some more good news we've got an even newer, bigger, better, more tremendous national debt because, well, we are either fucking useless with money or just robbing thieving cunts that plain just stole all that cash from your hard work to buy ourselves mansions and yachts.
So everyone will now have to start work at 14 and retire at, lol I don't know, 78? to get rid of this national debt. We pinky promise not to rob all this money though. Honest.
Right I'm off to buy another yacht. See ya, suckers!"
Prunebutt@slrpnk.net · 2 pts · 190d
Look who found the source of their wealth: The labor of the lower class. /s
minorkeys@lemmy.world · 2 pts · 190d
Just make the peasants work more, that's the only reason we even let them consume oxygen, after all.
eestileib@lemmy.blahaj.zone · 1 pts · 190d
This guy is a fucking idiot
damnedfurry@lemmy.world · 1 pts · 190d
bagsy@lemmy.world · 1 pts · 190d
Bullshit!! Any extra money in the system will trickle up like always, then people are stuck working longer for no benefit to themselves.
These greedy fucks are crossing lines that shouldnt be crossed.
Diplomjodler3@lemmy.world · 1 pts · 190d
STOP WASTING TIME IN THE INTERNET AND GET BACK TO WORK, YOU LAZY PLEBES! WE GOT BONUSES TO EARN! What? No, you're not getting any.
gointhefridge@lemmy.zip · 1 pts · 190d
Money isn’t real so just erase the debt.
AnUnusualRelic@lemmy.world · 1 pts · 190d
If those lazy bastards would just stop sleeping at night and worked instead...
WhyIHateTheInternet@lemmy.world · 1 pts · 190d
I'm take the blame for this. I recently took a day off to go spend time with my daughter on a Saturday so we could have fun. I feel horrible.
HulkSmashBurgers@reddthat.com · 2 pts · 190d
You bastard!!!
(joking of course)
ShaggySnacks@lemmy.myserv.one · 2 pts · 190d
Did you even think about the poor shareholder who went to bed knowing that the Line did not up as fast or as a steep?
WhyIHateTheInternet@lemmy.world · 1 pts · 190d
I really didn't and I feel just horrible about it. I hope his yachts are ok... :(
SnarkoPolo@lemmy.world · 2 pts · 189d
Socialist!
WhyIHateTheInternet@lemmy.world · 1 pts · 189d
no u
halfapage@lemmy.world · 1 pts · 190d
AutistoMephisto@lemmy.world · 1 pts · 190d
Of course, I've already seen this future. As soon as you have a meaningful amount of labor value to extract, it's straight to work for you. You work until all your labor value is extracted. "Oh, you're ready to retire? Well, alright. If you'll just come back here behind this woodshed and face the wall, we can discuss your plans." Your boss says as he pulls a revolver...
Bloomcole@lemmy.world · 1 pts · 189d
You do as good as nothing effective against fascism.
You'll take this too and will keep eating shit until some of you grow a spine
gustofwind@lemmy.world · 1 pts · 190d
If the jobs were for good purpose, fulfilling and well regulated there actually wouldn’t be anything wrong w that
Sam_Bass@lemmy.world · 1 pts · 190d
Let's see him do it first
Diddlydee@feddit.uk · 1 pts · 190d