Nobody cares enough to do anything about it. They will keep spending well over tax revenue until there is a currency collapse.
ΜOΛΩΝ ΛΑΒΕ
No one can do anything about it anymore, the democrats want to expand it. Like Ocasio says We just pay for it
LETS GO BRANDON
F Joe Biden
Captdon (02-20-2019)
Actually they've already dodged the normal limitations of the reason currency exist so the collapse will be many times what it should have been.
Sure, what nation wouldn't want to grow without the constraints of financial reality? Apparently they all wish to do so.
At one time our currencies were backed. But that became too cumbersome for those that wished to grow without earning that growth in the real world or the constraints of the meaning of money. So unbacked currency was printed by the boatload .
Soon even that became too stifling and bothersome because the money used to grow government and economies had to ACTUALLY EXIST. What an out dated concept!
But political and no doubt financial institution gurus found out how to do an end run on reality.
Now most of the world's debt , much less "capitol" is neither backed nor even covered by actual unbacked money.
Who the hell let this happen? And what could possibly go right ?
Peter1469 (02-21-2019)
This is fun , I just watched the debt increase a million dollars in less than a minute!
Peter1469 (02-22-2019)
It is so tragically sad. I have railed my entire adult life about the debt. To R's. To D's. I've written every President since 1988. Nobody cares. We'll collapse eventually. Diversify.
Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes
Peter1469 (02-22-2019)