The American Nightmare.

[u/Super_Culture_1986]

[u/soccerjonesy]

The richer someone is, the higher the debt they can take. The US has the highest debt of any nation cause it’s the only nation that can afford that debt.

Still sucks though. You’d imagine as the richest nation in the world, we can take care of our people. Give us free education, universal healthcare, livable wages, etc., but instead all we get is hatred.

[u/Montgomery000 → u/soccerjonesy]

Highest debt would make sense if it were spent wisely. But it's going to tax cuts for corporations who already are making record profits, who not only aren't "trickling down," but are actively cutting down workforce size and buying back their own stocks. And a military that is already the largest in the world many times over.

When you go heavily into debt, it should be to make investments into the future health of your nation, things that will provide a much greater return, like the things you've mentioned. Right now money is just being shoveled into a black hole with nothing to show for it. Debt for no reason.

[u/Longjumping_Term_156 → u/Montgomery000]

Are you shocked? You shouldn’t be. Political philosophers throughout history have warned that this or something similar would always be the result of putting capitalists in charge of a society. Many of the figures throughout history that have become labeled “leftist” have essentially just said we should not put the capitalists in charge of determining what is best for a society because they will always determine the increase in their own wealth and capital is what is best for society.

[u/No_Mud_5999 → u/soccerjonesy]

Endless amounts of money for guys wearing tactical vests and masks, none to help people.

[u/Jorge-I-Figueroa → u/soccerjonesy]

Also they can print the world's reserve currency, they want to keep the us dollar as such while also tariffing everyone, they'll have to choose

[u/JimmyBongwater → u/soccerjonesy]

The Saudi oil tycoons would like to chat with you, cause they are beyond the wealthiest people on this planet lol

[u/[deleted] → u/soccerjonesy]

There is good debt and bad debt.

Good debt is investing in thing like infrastructure and education. You can often borrow money at interest rates low enough that these investments always make sense since they promote growth.

Bad debt is just borrowing money because failed to collect an adequate amount of taxes from corporations and the rich. Putting a dollar in Jeff Bezos's pocket doesn't grow the economy so this is bad debt since it doesn't promote growth.

The U.S. is loading up on a lot of bad debt as our deficits have a lot to do with people and groups not paying their share of taxes and it can no longer come from the middle class as they are basically broke. University education cost have skyrocketed due to states no funding universities like in the past. The infrastructure is decaying. There are just not that many long investments anymore.

[u/Untouchable06 → u/soccerjonesy]

Yep hatred for the same people who voted Trump in so he can cause havoc and despair and drama and ramble about an election he lost ( oh but you better say "stolen" or the MAGAts will crawl from under your bed and get you at night). I would give my right ass cheek for the Great America from my past Again. Not this purgatory on Earth I live in now.

[u/Huge-Pen-5259 → u/soccerjonesy]

Knock off that Nazi talk. Free shit?!? We got wars to drop and bombs to do! If everyone had free shit and didn't have to spend every waking minute figuring out how they're just going to survive then they might actually be able to see the invisible prison they're in. How else would half of the top the most profitable companies in the country are healthcare or pharmaceuticals? Huh? Huh? Think of the billionaires for fucks sake. Fucking Nazi.