The US Debt Is Out Of Control #shorts



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  1. This should have been brought up when Trump gave one percent of the wealthiest United States citizens a 2.7 trillion dollar tax break. Oh, and the GOP was in control of the House and Senate at that time. Trump received their full support. Now debt is a problem?

  2. That's why the dollar is falling and the inflation is rising, cuz most of the bonds sold by the us are not protected by inflation, so they pay back the same amount of money plus interest but the actual value of that money is not that much

  3. It's the absolute height of insanity and most people are economically illiterate to the point they think it doesnt even matter that it can't and will never be paid back

  4. It is not even borrowing! The USA just prints more money, with no underlying security. Worthless money being exchanged for real valuable goods. Biggest con job ever

  5. to be correct you have to say only congress decides what the taxes are and what they are spend on, the president can only make suggestions ahich are in no way binding for congress. so congress is held responsible for all that

  6. Except Medicare and SS are paid for through a separate payroll tax that ran with a surplus for 80 years. Now that it may not be running with a surplus it is not OK to pretend those funds magically disappeared.

  7. Yeah because they keep waisting it on useless stuff. It's embarrassing how businesses are able to keep up with no debt and still pay off the fees but yet the government can't stop borrowing money.

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