Well now we’re doing less of both. Less feeding our own and less helping starving people elsewhere…… and going into more debt doing so since it can’t offset the massive tax cuts for the wealthy
@AA5B@krisevol
Ultimately, this slow moving asshole(s) is what’s going to bring us down and they’ve proven they don’t give a damn about people (real and very much imagined).
The US can afford food for its own people, it chooses not to because it’s a horrible place with far too many horrible people in it. Exercising soft power and foreign aid is also surprisingly beneficial and helps everyone. Not to mention that the US regularly does shit to fuck over other countries and people don’t seem to have a major issue with that spending. Their failure to actually help rebuild in the middle east is, as I understand it, a huge reason why they ended up getting attacked on 9/11.
The US owes everyone else quite a lot for being a massive fucking pest. If they can ship their garbage to developing nations they can also ship some food to them, too.
Feeding both all our poor and the world’s starving would barely show up in that graph. Absolutely dwarfed into oblivion by massive tax cuts for the wealthy
Because we also know that feeding the poor and providing healthcare and transit and all these things are actually cheaper than stealing from the working class, attacking homeless people, and giving everyone severe medical debt.
As of 2026, the U.S. federal deficit is projected to be approximately 6.4% of GDP.
This year we spend 6.4% of GDP more than the federal government takes in. That’s excessive and out of control but we’re not spending more than GDP.
Our accumulated debt on the other hand is that and rising. Countries get a lot of leeway on debt and us being reserve currency means we get even more leeway. But already interest on the debt is becoming our largest expense, making us be able to afford less and less.
And at some point we’ll hit a wall. Not knowing where the wall is doesn’t mean it’s not there, it just means we can’t predict it until we smash our heads against it. And some idiot thinks it’s ok to monkey with the US dollar being the world’s reserve currency? If that idiot succeeds, that invisible wall of insolvency suddenly jumps closer
The tighter we try to hold that petrodollar, the faster it’s squeezing out of our grasp. I have no doubt that’s what Trump was attempting but he’s just speeding up the end. Maybe that’s also good from his perspective because he only cares about himself and the next administration is likely to feel the pain
That’s just Trump. He has spent slightly more than half of the national debt in 6 years. Helping people worldwide didn’t cost shit for what we were getting out of it. Helping our own people returns an average of $2.50 to the economy for every single dollar spent.
Our military is unbelievably massive, I think we can afford a cut or two, don’t you?
Just cutting military bases alone would save quite a bit…
Also, our Navy doesn’t need to police the planet, seven carrier groups? One carrier alone is ridiculously expensive.
We can increase taxes on the super wealthy AND make military cuts AND other measures besides, none of which are important for the USAs defense, none of which benefit citizens.
Worst case scenario? There’s a financial collapse for a few years, maybe a decade; and it will happen sooner rather than later. If things are as you suggest (debt so high that increased taxes can’t help) the collapse is inevitable anyway, yeah?
The collapse is coming. And it will take 30 yrs to recover, not 10. I agree we need cuts, but if we want to keep living the lifestyle we have we need a big military to maintain the money printing. We essentially live middle class lives because we tax the world using USD as a reserve and print devaluing other countries USD spending power. Once we lose that is game over, and we are so far in debt we can’t get it of it.
This has happened to every world reverse currency and the US is no different. The US is taking the same trends has every one before it.
My only advice to you if keep storing assets like gold so when the crash happens you can buy into another currency and protect yourself.
We can’t even afford food for our own people, why are pay paying for food for decades for another country?
Well now we’re doing less of both. Less feeding our own and less helping starving people elsewhere…… and going into more debt doing so since it can’t offset the massive tax cuts for the wealthy
@AA5B @krisevol
Ultimately, this slow moving asshole(s) is what’s going to bring us down and they’ve proven they don’t give a damn about people (real and very much imagined).
The US can afford food for its own people, it chooses not to because it’s a horrible place with far too many horrible people in it. Exercising soft power and foreign aid is also surprisingly beneficial and helps everyone. Not to mention that the US regularly does shit to fuck over other countries and people don’t seem to have a major issue with that spending. Their failure to actually help rebuild in the middle east is, as I understand it, a huge reason why they ended up getting attacked on 9/11.
The US owes everyone else quite a lot for being a massive fucking pest. If they can ship their garbage to developing nations they can also ship some food to them, too.
The US owes more than its gdp. How can your see we can afford it when we can’t afford what we do now?
Feeding both all our poor and the world’s starving would barely show up in that graph. Absolutely dwarfed into oblivion by massive tax cuts for the wealthy
Because we also know that feeding the poor and providing healthcare and transit and all these things are actually cheaper than stealing from the working class, attacking homeless people, and giving everyone severe medical debt.
Keep up, this is all really old news.
Tax the rich!
That wouldn’t solve the problem. We spend more than our entire gdp.
It’s important to distinguish debt from deficit
This year we spend 6.4% of GDP more than the federal government takes in. That’s excessive and out of control but we’re not spending more than GDP.
Our accumulated debt on the other hand is that and rising. Countries get a lot of leeway on debt and us being reserve currency means we get even more leeway. But already interest on the debt is becoming our largest expense, making us be able to afford less and less.
And at some point we’ll hit a wall. Not knowing where the wall is doesn’t mean it’s not there, it just means we can’t predict it until we smash our heads against it. And some idiot thinks it’s ok to monkey with the US dollar being the world’s reserve currency? If that idiot succeeds, that invisible wall of insolvency suddenly jumps closer
We have already pass the wall. We can only maintain our lifestyle if we maintain works energy control. If we lose the petroldollar it’s game over.
The whole war was because it’s this.
The tighter we try to hold that petrodollar, the faster it’s squeezing out of our grasp. I have no doubt that’s what Trump was attempting but he’s just speeding up the end. Maybe that’s also good from his perspective because he only cares about himself and the next administration is likely to feel the pain
Last ditch effort of a failing country. Next is either ww3 or civil war if history has anything to say about it.
That’s just Trump. He has spent slightly more than half of the national debt in 6 years. Helping people worldwide didn’t cost shit for what we were getting out of it. Helping our own people returns an average of $2.50 to the economy for every single dollar spent.
No, that’s why we have Trump.
There’s a reason a half dozen billionaires were on stage with him after his victory.
Trump isn’t the cause, he’s the result.
We CAN afford food for our own people. People like MAGAts just don’t WANT to.
And for the record we can afford to do BOTH.
Tax the rich!!!
The debt to gdp ratio days otherwise
Our military is unbelievably massive, I think we can afford a cut or two, don’t you?
Just cutting military bases alone would save quite a bit…
Also, our Navy doesn’t need to police the planet, seven carrier groups? One carrier alone is ridiculously expensive.
We can increase taxes on the super wealthy AND make military cuts AND other measures besides, none of which are important for the USAs defense, none of which benefit citizens.
Worst case scenario? There’s a financial collapse for a few years, maybe a decade; and it will happen sooner rather than later. If things are as you suggest (debt so high that increased taxes can’t help) the collapse is inevitable anyway, yeah?
The collapse is coming. And it will take 30 yrs to recover, not 10. I agree we need cuts, but if we want to keep living the lifestyle we have we need a big military to maintain the money printing. We essentially live middle class lives because we tax the world using USD as a reserve and print devaluing other countries USD spending power. Once we lose that is game over, and we are so far in debt we can’t get it of it.
This has happened to every world reverse currency and the US is no different. The US is taking the same trends has every one before it.
My only advice to you if keep storing assets like gold so when the crash happens you can buy into another currency and protect yourself.