Zone1 Why Uneducated Whites are Dying of Economic Despair

To whom is this "debt" owed?.....Start with that question.
True. American workers hold a lot of the debt in their managed pension plans, which is a secure investment for their retirement. Sans that the money would be at risk in the markets.

As well, many who hold Federal notes not only pay taxes on the interest earned on those notes but also pay for the Fed interest paid out through general personal taxes.
 
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True. American workers hold a lot of the debt in their managed pension plans, which is an investment in their retirement.
OK....Then you discriminate on whose debt is legit and whose isn't, and prioritize.

If the Fed has been monetizing the debt and subsequently holding treasuries, fuck 'em.

The CCP unleashed a bioweapon on the entire world....Fuck 'em.

The mega-banks have been getting the mass bailouts for their malfeasance....Fuck 'em.

That'll pare down that interest quite a bit.
 
Inflation won't be solved by electing a new president. Stopping inflation is a long process and then we will have to wait years for income to match the new, inflated prices. It took well over a decade to recover from Jimmy Carter's inflation.
Perhaps. Regardless, as proven previously, Trump’s energy policies alone are a giant step in the right direction.
 
The only thing Republican have to fix the economy is tax cuts. Then they blame the Democrats for the rise in the national debt.
Tax cuts work every time we cut them.... it causes people to invest their money instead of trying to hide it....
 
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Oldsters hold most of the wealth of the country.
Older Americans on fixed incomes are among the hardest hit by the rising inflation that has gripped the economy. Costs are surging in all areas, including food, housing, transportation, medical care, prescription drugs, construction, and home maintenance.Dec 28, 2023

More than 17 million Americans age 65+ are economically insecure—living at or below 200% of the federal poverty level (FPL) ($29,160 per year for a single person in 2023).Feb 22, 2024
 
Older Americans on fixed incomes are among the hardest hit by the rising inflation that has gripped the economy. Costs are surging in all areas, including food, housing, transportation, medical care, prescription drugs, construction, and home maintenance.Dec 28, 2023

More than 17 million Americans age 65+ are economically insecure—living at or below 200% of the federal poverty level (FPL) ($29,160 per year for a single person in 2023).Feb 22, 2024
 
The only thing the shitlibs have to "fix the economy" is tax increases....Cutting spending is never ever in the conversation.
That is because government domestic spending paid for by high taxes on the rich is popular with the voters.
 
Tax cuts work every time we cut them.... it causes people to invest their money instead of trying to hide it....
That is Republican mythology. Tax cuts raise the national debt that Republicans use to cut popular government spending programs.

Rich people who try to avoid paying most of their money to the IRS should be stripped of everything they have and put into prison.
 
That is Republican mythology. Tax cuts raise the national debt that Republicans use to cut popular government spending programs.

Rich people who try to avoid paying most of their money to the IRS should be stripped of everything they have and put into prison.
Dude its not a myth... we have witnessed it over and over again...
just four years ago we saw it live as it happened... Trump cut taxes and the economy boomed....
the myth is that its a republican myth.... stop falling for the lies... one must be blind to forget events from just 4 years ago....
 
Dude its not a myth... we have witnessed it over and over again...
just four years ago we saw it live as it happened... Trump cut taxes and the economy boomed....
the myth is that its a republican myth.... stop falling for the lies... one must be blind to forget events from just 4 years ago....
What boomed under Trump was the national debt. What happened to the Republican concern for balanced budgets?
 
What boomed under Trump was the national debt. What happened to the Republican concern for balanced budgets?
Saying that today after four years of Biden is funny as hell...
Trump had an Obama devastated military to rebuild and a global pandemic to deal with... what's Joe's excuse?...
 
Saying that today after four years of Biden is funny as hell...
Trump had an Obama devastated military to rebuild and a global pandemic to deal with... what's Joe's excuse?...
If it was necessary to spend more money on the military and COVID-19 it was necessary top raise taxes to pay for it.

Borrowing money to stimulate the economy was as irresponsible as going into credit card debt.
 

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