I'd suggest scrapping it for parts and selling them, but I'm like three decades late.

Time to start seizing the assets of the politicians and oligarchs

Best we can do is a ballroom, oh and a new Middle Eastern war

Also federally defunded generations of scientists so that other countries will benefit from their expertise, ensuring that other global powers will be leading the charge and reaping the rewards of new, lucrative technologies.

Lot more money and power going byebye for a lot longer than just the current ledger.

don't worry, it will be promptly fixed by firing people responsible for the statistics...

usa entering their dying mall phase. cant wait to go to the spirit halloween at the lincoln memorial

The project Squeezing America Dry (formerly Draining the Swamp) is complete.

Looking forward to the US collapsing under the weight of its own incompetence.

And still have triple AAA rating 🤔

Yes. Us.

This seems like a very big deal, but I'm no financialologist

Maybe we shouldn't spend so much on the military then

Yup, definitely fulfilling the MAGAt fever dream of his running the country like his businesses, which is into the ground.

On federal level the deficit is actually the sum of wealth the US gov injects/ed into its economy. There is no such thing as 'my taxdollar' on fed level. The gov proposes policy, congress ok's it and FedRes pays the bills. Through creation of new money from the 12 magic computers Elon discovered during his doge tenure.

Not so on state level: states have no monopoly over a currency and have to hold up their own pants or go bankrupt. 'My taxdollar' absolutely applies on state level.

Source: MMT/Sectoral Balances

Israel has the US to fund their economy. The US will need a similar sponsor to turn up or fail in the worst possible manner (if it isn't already too late).

The United States casino.

I'm not going to argue this is good, but debt isn't bad either. If you're taking on debt to invest in the future, it's a good idea if the expected returns are greater than the cost + interest, which it often is for the state. That's an easy balance to make.

However, investing in missiles and shit, which are expended, is fucking stupid. You pay to build them, they cause damage (which is negative gain usually), and then they're gone. If you invest in education, healthcare, or infrastructure, it's easy to be positive. It's crazy that's so hard to get done.

Land of the free! Just not free of debt though nobody is I suppose.