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[–] 270 points 9 months ago (17 children)

If we emptied the account of every rich asshole like this we would achieve the same thing AND lose a whole class of dickbags that think they should be in charge.

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  • [–] 111 points 9 months ago (15 children)

    The top 25 US billionaires could pay off US debt. Not even every billionaire. They total about 3 trillion net worth.

    That's ignoring say the $60 billion or so Apple has in cash and who knows what other companies have

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  • [–] 48 points 9 months ago (11 children)

    "As of January 2026, the total U.S. national debt has exceeded $38.5 trillion. This figure represents the total money borrowed by the federal government to cover annual deficits, which is growing rapidly, with a rise of over $2 trillion in 2025 alone."

    I definitely want to tax the hell out of the rich, but we are in a deep hole. A long term systemic change will serve us better (or in addition to) talking all of their money now.

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  • [–] 14 points 9 months ago

    Having that debt played a big part in the US gaining the soft power that it used to have. Long term I'm not sure we'd even want to eliminate that debt but maybe target to keep it near the inflation rate.

    Basically "if you owe the bank a dollar you have a problem. If you owe the bank a billion dollars the bank has a problem" but extended out to international scale. If your roi depended on the US being sound and successful you'll take steps to ensure that outcome.

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  • [–] 31 points 9 months ago (5 children)

    This debt is not important dude. You can pay any debt that is taken with your own money. You just cant pay if your debt is in other types, like gold silver or other currencies.
    They created this system intentionally, so that they wont tax the rich and they make us poorer by printing money, and they have an excuse for stupid things.
    The only problem with paying this debt, is people starts to distrust us dollar around the world, which is what they should do. I checked, and 100% of the debt is in USD. So, the govn can pay it right away.

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  • [–] 14 points 9 months ago (4 children)

    So, the govn can pay it right away.

    No offense but i think you should learn a bit about more about economics, specifically about how currency works. Long story short, if a currency loses a lot of value in comparison to other currencies, the 'local' system collapses. So the very important task of a government (or its central bank really) is to keep it's relative value high (not too high, but that's a story for another day. The us gov (or the Federal Reserve in this case) would fail very very hard if they would decide to create 38 trillion usd. It is especially problematic considering the financial problems that it would cause are on top of all the other shit that's going on.

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  • [–] 2 points 9 months ago (3 children)

    Yes I agree. It wouldnt be problem-free. What I mean is, you can pay the debt, if your debt was in another currency, you might be in a position that you just cant pay the debt.
    Firstly the debt is for a long time. The debt until the next year is 10 trillion. You can pay this debt with wealth taxes if you dont want to print more money. Secondly, USA has to produce. It stopped producing good tech, China nowadays owns every tech production. If it earns money, it can pay this debt.
    Thirdly, most of the debt is domestic and to the rich. You can just stop paying this. You are the government dude, you are taxing people's labor, you are taxing every transaction, most countries have stamp tax that doesnt even exist, you can oc tax this money too, and sometimes governments do this.
    We have to tax the rich, even if we paid all the debt, we still have to tax the rich. This is required for justice, this is required for people to love their country, this is required to stop poverty, homelessness. When we have a just society people are going to help their country willingly. But currently, some people are killing others, raping bribing, doing anything and we can do nothing about it, while being hungry.

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  • [–] 1 point 9 months ago (2 children)

    We have to tax the rich, even if we paid all the debt, we still have to tax the rich. This is required for justice, this is required for people to love their country, this is required to stop poverty, homelessness.

    Totally agree

    When we have a just society people are going to help their country willingly

    It surely helps when people feel proud of supporting their countries healthcare, pensions, education etc but i don't think it will eliminate the narcisistic greed of the typical billionaire.

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  • [–] 5 points 9 months ago (1 child)

    Oh I'm way off on the amount. I think I had that 2 Trillion increase in my head as the full debt.

    I fully support long term change though yeah. I feel like the entire country, not just politicians but business men and regular day to day folk, don't think more than the next quarter.

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  • [–] 1 point 9 months ago

    The corporations can't see past their next set of financial statements for action that is true. Not legally even by their charters. They could be sued by their shareholders for not maximizing shareholder value.

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  • [–] 3 points 9 months ago
    Aggregate Estimate(s) Worldwide
    M0 (physical currency) $8.27 trillion
    M1 (cash + demand deposits, etc.) $50 trillion
    M2 (broader money-incl. savings etc.) $123 trillion

    https://www.rankred.com/how-much-money-is-there-in-the-world/ (January 2, 2026)

    Also, I find this tidbit interesting:

    According to the US Federal Reserve data, there is $2.3 trillion in circulation and $3.5 trillion in reserve balance.

    As of the end of 2024, around 55.4 billion US notes of all denominations were in circulation.

    and

    As of July 2025, the M1 money supply is $18.4 trillion.

    In other words, if these statistics are correct, since trump took office, in approximately one year's time, the total amount of USD in circulation has increased by over 40×. In case anyone's not aware, that's not a good thing.

    That's probably why he keeps saying "the economy is doing great." He looks at all those dollars and thinks "we're all rich!" not understanding or not caring that it means the actual value of the USD possessed by most ordinary people is actually being watered down by that increase, while the amount of USD they own is not increasing proportionally to the total amount of USD. (Or he doesn't care at all and is outright lying, which wouldn't be out of character. As long as his and his buddies' bank accounts are going up due to bribes, extortion, and embezzlement, the economy is working fine for him...)

    And that's just physical bank notes! In about half of a year, under trump's watch, the total amount of USD in cash and checking accounts has more than doubled.

    Anyway, my point is, if you include savings accounts, mutual funds, and other M2 assets, the total amount of USD worldwide increases to $123 trillion as of January, 2026.

    The US debt, at $38.5 trillion, is nearly a quarter of the total amount of M2 USD assets worldwide. Assuming the relationship is linear, printing that much USD would lower the relative value of each dollar to nearly 75¢ in today's USD. That's nearly 25% inflation overnight.

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  • [–] 4 points 9 months ago

    The debt itself means nothing. The only thing that matters are the interest. So sure, a debt increasing much faster than the economy is an issue. But there is no point in throwing around big numbers. The US GDP was $31.8 trillions in 2025.

    The debt will grow. It is intended to grow, that's by design. You should have a small deficit every year. That's why the rest of the economy should follow, so that the interest are not becoming overwhelming. The current issue is the US budget (but that's not the only one, see France for example) is heavily imbalanced because of very large tax cuts to the ultra-wealthy and corporates. With that, you have the description of the issue as well as the obvious solution.

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  • [–] 67 points 9 months ago (19 children)

    Doctors I trust more than Doctor Oz, Doctor Phil, or RFK Jr.

    Doc Brown

    Doc Hollywood

    Doctor Bombay

    Doctor Claw

    Doctor Demento

    Doctor Detroit

    Doctor Dirty

    Doctor Dolittle

    Doctor Doofenshmirtz aka Dr. D or just “Doof”

    Doctor Doom

    Doctor Evil

    Doctor Feelgood

    Doctor Frankenstein

    Doctor Hannibal Lecter

    Doctor Horrible

    Doctor Jekyll

    Doctor Leonard H. "Bones" McCoy

    Doctor Martens

    Doctor Moreau

    Doctor Nick

    Doctor Otto Octavius

    Doctor Pepper

    Doctor Scholl's

    Doctor Orin Scrivello

    Doctor Seuss

    Doctor Spaceman

    Doctor Spock

    Doctor Strange

    Doctor Strangelove

    Doctor Who

    Doctor Zhivago

    Doctor Zoidberg

    Dr. Dre

    Dr. Enuf

    Dr. Tran

    Rug Doctor

    Even Nurse Ratchet

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  • [–] 8 points 9 months ago* (1 child)

    Even Nurse Ratchet

    I'm convinced she's a Deputy Secretary at HHS somewhere in the Trump org chart.

    Dr. Tran

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  • [–] 7 points 9 months ago (2 children)

    You forgot:

    Doc Johnson

    Doc Gooden

    Dr J, Julius Irving

    The Doctor, ST:Voyager

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  • [–] 3 points 9 months ago (2 children)
  • [–] 2 points 9 months ago (1 child)

    This is a real doctor. Too confusing or not funny. https://beautybydrcat.com/

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  • [–] 2 points 9 months ago

    Ha! What an odd coincidence, and yet I'm not surprised!

    Well, for the record, the webcomic cat would do things like get distracted and lose mousey toys during surgery, and I'd still trust him over Oprah's favorite daytime human scat commentator. Lol

    Best of luck on your journey engineering the perfect diss joke. XD

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  • [–] 3 points 9 months ago (2 children)

    you have to mess up a lot to be less trustworthy than someone called Doctor Evil

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  • [–] 67 points 9 months ago* (4 children)

    Adding $3 trillion in GDP would not remove the debt anyway. Assholes like this one don't even understand how GDP is calculated nor what it means.

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  • [–] 12 points 9 months ago

    It's beautifully wrong on so many levels.

    1. Increasing GDP doesn't address the debt crisis.
    2. The debt is WAY bigger than 3 trillion
    3. As long as Trump is in office, the debt will grow, and nothing can be done to change that.
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  • [–] 57 points 9 months ago

    Or we could stop lying about what the national debt is and tax the wealthy to destroy their absurd power.

    https://mmt101.substack.com/p/mmt-basics-national-debt-defined

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  • [–] 44 points 9 months ago

    “Please stay in the corporate meat grinder so we can have enough money to fuck kids then bomb them”

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  • [–] 33 points 9 months ago (4 children)

    That's not how national debt works you absolute ladle.

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  • [–] 12 points 9 months ago

    Americans are trained to believe that our National Debt is some kind of foreign imposed obligation that comes with the threat of sanctions and military intervention if we fail to pay it. Because that's how we handle debts international, it must be how we handle debts internally.

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  • [–] 3 points 9 months ago (2 children)

    If the government has more income, that just means they have more money to give to corporations and wealthy people.

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  • [–] 1 point 9 months ago* (last edited 9 months ago)

    But this doesn't give much more income to the government. Even if $3 Trillion more dollar circulated, disregarding job market dillution and lack of skilled labor, then the GOP defficit adds about a trillion per year and this would only generate about 15% taxes on those wages and other wealth transfers or only 450 billion.

    Also, that 3Tn number makes no sense because each of 4.5M 18 year olds would have to generate $666,666 revenue.

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  • [–] 32 points 9 months ago

    We’re constantly more productive and never see a reduction in work hours, only more work. You bring this up to one of these fucks or their simps and they say “sure, but when will the work get done?” as if that comment makes even the slightest amount of sense.

    The very first thing we all need to do is stop working so hard. The rich don’t have any real skills and they have no power without the people they exploit.

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  • [–] 24 points 9 months ago* (last edited 9 months ago) (1 child)

    Garbage people produce garbage ideas.

    Why not pay off the debt by reducing military spending by 90% for the next thirty years. We would still be in the top three countries for military spending.

    This shitty idea is a thousand times better than anything Oz could come up with.

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  • [–] 45 points 9 months ago

    Or we could make it illegal to be a billionaire.

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  • [–] 21 points 9 months ago (1 child)

    Or if we tax billionaires and corporations…

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  • [–] 19 points 9 months ago* (3 children)

    universal health care would accomplish the same thing

    more worker more healthy better economy

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  • [–] 6 points 9 months ago (2 children)

    You found the only liberal argument for healthcare.

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  • [–] 4 points 9 months ago (1 child)

    Honestly, those are important arguments and people would be wise to make them.

    Outside this bubble that kind of talk is very accepted and desired. Convincing people it's better for the economy, starting a business doesn't risk losing healthcare, businesses now don't need to waste time and money picking health insurance plans, etc. Are all valid arguments and would only help achieve the end goal of universal healthcare.

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  • [–] 2 points 9 months ago

    Well, the same applies to social services (welfare) and education, and the rich and powerful already know all this. So why do you think they don't want us comfortable, educated, healthy, and secure?

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  • [+] 38 points 9 months ago (5 children)
  • [–] 9 points 9 months ago* (3 children)

    Just as a heads up, you dont need to carry a balance and be charged interest - you can pay off your cards each month, and thus never accumulating interest, and still have an improved score; simply pay the statement balance before the due date

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  • [–] 3 points 9 months ago (1 child)

    I've seen people have their cards cancelled for doing this. Rare, but not unheard of.

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  • [–] 7 points 9 months ago

    If you're doing that you have zero need to bow to any single credit card company.

    I don't even read 90% of the credit card offers I get, I have plenty of cards, and they are all at zero. Go ahead, cancel me. I'll have a new one in 15 minutes.

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  • [–] 17 points 9 months ago (3 children)

    Fucking ghoul. Thanks Oprah for making him famous.

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  • [–] 13 points 9 months ago* (1 child)

    Name one person uplifted by Oprah that's not a fucking ghoul.

    Dr Oz, "Dr" Phil, John of God, each more evil than the last.

    At least Dr Oz is legitimately a good heart surgeon. If that's all he ever did he'd have been a net positive on the world. As it is, he's caused far more harm to more people than he ever helped.

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  • [–] 15 points 9 months ago (2 children)

    Did I fuckin miss something? We are 30 trillion in debt.

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  • [–] 13 points 9 months ago

    That's what happens when you give the richest people tax breaks and subsidise all your rich buddies endevours without uplifting the lowest socio-economic portions if society.

    The best way to fix the economy is always to give the poorest more money (or less financial burden) because they spend a much higher percentage (usually all) of their excess income to keep afloat or improve their way of life.

    The worst way is to give rich people more money. Because they horde it, gamble on non tangible goods (stocks, crypto, "ai" etc), send it off shore, keep it in the family and share it with other rich people etc.

    It's ironic that the party that always does the worse thing for the economy and demonises doing the best is seen by the masses as the "good for the economy" party.

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  • [–] 14 points 9 months ago (6 children)

    Alternatively, actually tax the top 10% at the 37% tax rate for everything earned above $600k, and let the working class try to enjoy a little life, with healthcare coverage.

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  • [–] 9 points 9 months ago (4 children)

    Bonuses paid in stock should be taxed by the cash value of the stock at time of the bonus of shares gained or 37% of the shares gained go to the government to be sold 1/12 at a time over the next year.

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  • [–] 4 points 9 months ago* (last edited 9 months ago)

    Holy fuckballs. We really gotta get this solution implemented somehow that's fascinatingly brilliant

    Keep thinking and posting the thoughts. Its doing you, and us all, some good 👍

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  • [–] 14 points 9 months ago

    Sell yourself to indentured servitude at 18 and work until you're found dead by the janitor. Your corporate masters need a new Ferrari!

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  • [+] 13 points 9 months ago (3 children)
  • [–] 13 points 9 months ago*

    Instead of trying to extend the prole's work life by a couple years, we COULD tax billion-dollar companies and their owners by 2% more and make three times as much money!

    But we can't! Sorry. Our hands are tied

    Also, can't afford minimum wage increase this year, the budget is tight

    Oh! Almost forgot! We need a raise of 10% this year, and it's time for our winter break! After winter break, it's spring break. Then we will come back to "work" to pass more important legislation, right before our summer break.

    You don't get breaks every year? Damn. Well, life is not fair what can we do later gator

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  • [–] 13 points 9 months ago

    So when do you start doing actual work, Oz?

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  • [–] 24 points 9 months ago (6 children)

    The thing is that he's right, but will these sleazy fucks do anything to actually make it happen? Well let's see what they're to implement...

    • A universal healthcare system so Americans are healthier and less stressed? Nope
    • Free college so Americans can start their careers as efficiently as possible? Nope
    • Free universal daycare for all American parents so they could focus on their careers without being to stressed about where to take their kids? Nope
    • Raising the minimum wage to something livable so people don't depend on government programs? Nope
    • Investing in public transport so people can more reliably commute to work and find new jobs? Nope
    • Strengthening worker rights to ensure that workers are taken care of, thus ensuring their longevity and productivity? Nope
    • Passing union friendly policies while prosecuting union busting businesses to make sure American workers feel their hard work isn't being taken advantage of? Nope
    • Regulating hazardous workplace conditions to ensure the safety of workers? Nope

    So what they fuck do they mean by this? They clearly don't care about the debt or the well being of Americans since they're not willing to do anything about either. No, what they want are results without any of the work needed to achieve it. They're not looking for a more productive economy, they're looking for slaves.

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  • [–] 30 points 9 months ago (5 children)

    The thing is that he’s right

    He's not right. The national debt is way fuckin bigger than 3 trillion. He's also wrong in presuming that an infusion of productivity (tax revenue) can "solve" intentional over-spending. He's just a serial scammer spouting uninformed nonsense to stay relevant.

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  • [–] 3 points 9 months ago

    You're completely right. It won't solve the debt problem, that can only be solved with a redone trade policy. I'm just saying that in the abstract, its a good direction to go in IF we implement the stuff that I listed in my comment. People will work better if the system works for them. It currently doesn't, and people are just trying to survive.

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  • [–] 2 points 9 months ago (1 child)

    last time i bothered doing the napkin math, it really wouldn't take much to reduce the national debt to more sustainable pre-9/11 levels. just tax rich cunts (anyone who is a milllionaire) at 60-70's level of taxation for 4 years and it would be paid down to that level within 1 election cycle

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  • [–] 1 point 9 months ago

    I'm not suggesting it would take much, I'm merely suggesting that the dipshit isn't serious and shouldn't be taken seriously in this context. He's not even trying to make a logical, reasoned point (as evidenced by the fact that he's an order of magnitude off on what they national debt is). Here is merely a cog in the maga machine, tasked with saying dumb shit any time a microphone is in front of him.

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  • [+] 12 points 9 months ago* (last edited 9 months ago) (5 children)
  • [–] 2 points 9 months ago* (4 children)

    I would blanket not trust anything from "HR News" and just go somewhere else to find that information. One of their blogs posted here about a month ago was titled something like "Study finds 15% of Reddit content is generated by bots" or whatever.

    The catch is that they only say the year and the journal. No hyperlink, no identifier, no author names, no volume + issue, no name of the artcle. After exhausting every article from that journal that year and keyword searching the fuck out of it just in case they were stupid and got the year or journal wrong, the inevitable conclusion is either that HR News is LLM slop with zero fact-checking or that it's written by a human author who will uncritically regurgitate made-up shit they read elsewhere. I'd link you to the discussion, but the post was removed – almost certainly because it was proved to be misinformation.

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