• Possibly linux@lemmy.zip
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    10 months ago

    How about we stop spending so much money. The US is already in $36 Trillion dollars of dept.

    • MotoAsh@lemmy.world
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      10 months ago

      We could easily pay the debt down by taxing millionaires/billionaires appropriately. Or, since it’s totally fine for a country to run a deficit, invest it back in to infrastructure and climate reinforcement.

      • Possibly linux@lemmy.zip
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        10 months ago

        A “universal basic income” shouldn’t be a thing. It encourages laziness and is more government spending which can worsen inflation.

        • DragonTypeWyvern@literature.cafe
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          10 months ago

          Other than all the proof from places that have tried pilot programs that it actually improves productivity, and the fact that government spending only increases inflation if they’re, you know, making inflation with a money printer.

          Anything else you feel like being wrong about today?

    • Flying Squid@lemmy.world
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      10 months ago

      The US is already in $36 Trillion dollars of dept.

      People have said, “the U.S. is already ___ dollars of debt” my entire 46 years as if that means something. What does it mean? Sometimes the economy goes up, sometimes the economy goes down. Debt keeps going up. It doesn’t seem to be changing anything.

    • Aux@lemmy.world
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      10 months ago

      That debt means nothing on its own. Correctly managed debt is a great way to earn a lot of money.