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@npr.org "higher interest rates that investors are now demanding in order to keep lending the government money" You missed the opportunity to explain why they are demanding higher interest rates. Rising inflation, higher energy prices, and an unstable government led by an unstable leader.

Trump and his brown shirts don’t care…

This will be a problem when there's a Democrat is in the white house and not a second before

It's always going to be there probably.

Tell that to Trump and Republicans who have done more to drive up debt and deficits than dems ever did. Trump whining today about high interest rates, well one reason besides inflation, when Bessent jacks up rates on 10 yr bond yields so they sell at auction, it means higher 30 year mortgage rates.

Welcome to Trumponomics

Remind me about how Republicans are fiscally responsible.

We would still need health insurance.

They're not an "endless" stream of tax income. The US had a 7 trillion budget last year and Elon Musk just recently became a trillionaire. So Musk's fortune could only pay 1/7 of last years budget.

I can barely cover what I have now. If interest rates go up I’ll be forced to sell my house to cover debts. 😖

Some people will max out every credit card they can get, then wriggle, deflect, delay, and otherwise avoid paying back their debts. Which is Trump's lifetime MO. Then when you have government debt plus billions in tax and tariff revenue at your disposal, it's just like a massive credit card...

I'm not paying that.

A person trying to pay down their debt doesn't take a voluntary pay cut at work, yet that's been the most consistent Republican policy in my lifetime.

And then they became radicalised into #MAGA Trump lackeys and sycophants,promoting hypocrisy with no shame, no moral compass, no sense of integrity, no sense of honour or honesty, no sense of decency, no sense of duty toward country or ppl. #MagaTs in the US are a Cancerous rot destroying democracy.

Republicans only care about spending and debt when Democrats are in control.

How is biden doing this still?

$40T? I'm willing to sell Florida for $40T if thats an option?

Make that 2 years and 5 months…scary!

(3)

Every American owes $115,000 to make the USA solvent.

Reagan and his admin. did a lot of damage on different issues. There were sources of the CIA "funnelling crack into black communities" making crack a higher mandatory minimum than cocaine (better known as the white man’s drug) and this system was to imprison POC supplying the penal labour industry

Sharing wealth ? Filthy communist ! Reagan was a symptom or a vehicule of a much larger social and economical issue than an individual mentality; the same can be said about Trump.

If only Sen. McConnell was being honest when he said we needed a balanced budget amendment back in.'92.

A logical place to start there is the military. We currently spent about $1T per year (Hegseth wants it to be $1.5T for 2027), while the next biggest spenders are China at $0.3T and Russia at $0.2T. We could save half a trillion and still be keeping up... more if we require them to pass an audit.

I was thinking that the Social Security taxable amount needs to be doubled or tripled and they would probably still require benefits be cut, but am curious as to what you thought I was referring to. I really don’t believe anything is off of the table when it comes to taming the deficit.

It won’t? Then let’s not tax them then. 🤡🤡🤡🤡

Trump should have to pay off! And not with his crypto! We, the entire population should sue him!

That’s $1.3 trillion per year in interest payments, and it requires 42% of all corporate and personal income taxes to cover just the interest alone. 🤯

That should read the Republican tax cuts have accumulated over 39 trillion in debt

why am i not surprised

Under a Republican president, remember that

And!

and gas at Costco was $5.31....

Another Trump bankruptcy. He’s the best.

This is very skewed, pro-austerity, reporting on the national debt. It's warmed over, thoughtless, conventional wisdom. It ignores the loss in tax revenues from tax cuts that mostly benefit the very rich & huge corporations. I left my chores to log my complaint. @deanbaker13.bsky.social

Capitalism at its finest. $40 trillion in debt. The 2008 economic collapse cost us $23 trillion. 14 wars during the past 40 years cost us $17 trillion. Now the MAGA'S are saying Democratic socialism is bad?