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Joined 1 year ago
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Cake day: June 17th, 2023

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  • The real issue is not so much the debt but rather revenue raising, the increasing debt is merely a symptom of the US’s inability to attract enough revenue (via taxes) to cover it’s spending. Decades of propaganda by the right (you could easily substitute Oligarchy here) and the slashing of taxes on wealthy individuals and corporations has created an unsustainable debt situation. This is despite the sovereign debt issue.