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[–] 15 points 4 months ago (12 children)

The US can afford food for its own people, it chooses not to because it’s a horrible place with far too many horrible people in it. Exercising soft power and foreign aid is also surprisingly beneficial and helps everyone. Not to mention that the US regularly does shit to fuck over other countries and people don’t seem to have a major issue with that spending. Their failure to actually help rebuild in the middle east is, as I understand it, a huge reason why they ended up getting attacked on 9/11.

The US owes everyone else quite a lot for being a massive fucking pest. If they can ship their garbage to developing nations they can also ship some food to them, too.

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  • [+] -11 points 4 months ago (11 children)
  • [–] 8 points 4 months ago

    Because we also know that feeding the poor and providing healthcare and transit and all these things are actually cheaper than stealing from the working class, attacking homeless people, and giving everyone severe medical debt.

    Keep up, this is all really old news.

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  • [–] 6 points 4 months ago (8 children)
  • [+] -10 points 4 months ago (7 children)
  • [–] 7 points 4 months ago (1 child)

    That's just Trump. He has spent slightly more than half of the national debt in 6 years. Helping people worldwide didn't cost shit for what we were getting out of it. Helping our own people returns an average of $2.50 to the economy for every single dollar spent.

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  • [–] 4 points 4 months ago* (4 children)

    It’s important to distinguish debt from deficit

    As of 2026, the U.S. federal deficit is projected to be approximately 6.4% of GDP.

    This year we spend 6.4% of GDP more than the federal government takes in. That’s excessive and out of control but we’re not spending more than GDP.

    Our accumulated debt on the other hand is that and rising. Countries get a lot of leeway on debt and us being reserve currency means we get even more leeway. But already interest on the debt is becoming our largest expense, making us be able to afford less and less.

    And at some point we’ll hit a wall. Not knowing where the wall is doesn’t mean it’s not there, it just means we can’t predict it until we smash our heads against it. And some idiot thinks it’s ok to monkey with the US dollar being the world’s reserve currency? If that idiot succeeds, that invisible wall of insolvency suddenly jumps closer

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  • [+] 1 point 4 months ago (3 children)
  • [–] 2 points 4 months ago (2 children)

    The tighter we try to hold that petrodollar, the faster it’s squeezing out of our grasp. I have no doubt that’s what Trump was attempting but he’s just speeding up the end. Maybe that’s also good from his perspective because he only cares about himself and the next administration is likely to feel the pain

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