- cross-posted to:
- economics@lemmy.world
- cross-posted to:
- economics@lemmy.world
I hate this. A trillion dollars is a completely stupid amount of money. All of World War II cost four trillion dollars in 2015 dollars, and we’re somehow blowing through that in a little over a year. For that price, the USA should be a fucking incredible place to live, a shining beacon of trains running on time, high quality of life (and I’m not just talking cheap TVs and big trucks), and nobody slipping through the social welfare cracks. Instead, we’ve got a weird police state that’s not only hell-bent on destroying itself but strictly doing so in a fashion that only benefits the very wealthy. It’s difficult to imagine just how we’ve managed to fuck this up this badly, but this is the fruit of decades of consistent policy choices by our leadership. As such, if we do manage to undo it without balkanizing or starting a war, it’s going to likely also be the result of decades of policy choices. I don’t see those choices happening any time soon, least of all under a republican administration.
It will only get worse as the Trump era tax cuts take effect.
big if true.
Not an issue if its going to investments that have shown to return more than the investment, such as free education.
Oh, no, it’s mostly going to weapons to murder brown people.
That’s part of it, another part is that as debt payments keep rising there’s less money available to go around overall. So, any social programs, infrastructure investments, and so on, end up having to be cut.