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silence7@slrpnk.net to politics @lemmy.worldEnglish · 22 days ago

The US national debt now stands at $40 trillion

apnews.com

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The US national debt now stands at $40 trillion

apnews.com

silence7@slrpnk.net to politics @lemmy.worldEnglish · 22 days ago
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The milestone figure was recorded just five months after the U.S. hit a record $39 trillion debt in March.

We’d have a normal manageable debt if it weren’t for Republicans cutting taxes for the rich and big companies

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  • thesohoriots@lemmy.world
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    22 days ago

    40 trillion so far!

    • huquad@lemmy.ml
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      22 days ago

      It’s not so bad considering it’s the lowest it’s ever going to be!

      • vaultdweller013@sh.itjust.works
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        22 days ago

        Now now let’s be fair, the feds could always default on the debt. Don’t get me wrong this would almost certainly dissolve the United States, but if someone was brain dead enough they could.

        So anyone want to make a bet on whether the Allfather has gorged me with the axe of prophecy?

  • Boomer Humor Doomergod@lemmy.world
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    22 days ago

    I’m glad Republicans are in charge so this doesn’t matter at all /s

  • savvie@lemmy.zip
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    22 days ago

    Trump is GOP

  • CobraChicken3000@lemmy.ca
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    22 days ago

    What do you imagine it’s going to be when he leaves office?

    • Polisheocket@lemmy.zip
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      22 days ago

      50 and it will hamstring the president for the next 2-3 decades

    • meat@lemmy.blahaj.zone
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      22 days ago

      It was 20T in 2017, so I’m guessing between 40 and 50 trillion.

  • foggy@lemmy.world
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    22 days ago

    There are 989 billionaires. One of them is a trillionaire.

    I think we could tax billionaires out of existence and nearly settle the debt in one fell swoop.

    • w3dd1e@lemmy.zip
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      22 days ago

      With the amount of money that Elon Musk is worth, you could buy every NBA, NFL, MLS, NHL, MLB team in the US with enough leftover to also buy the top 20 European soccer teams.

  • mkwt@lemmy.world
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    22 days ago

    Shhhhh! We can’t talk about the national debt until a D is in charge.

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