return2ozma@lemmy.world to News@lemmy.world · 1 month agoU.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemicwww.pbs.orgexternal-linkmessage-square78fedilinkarrow-up1658arrow-down13cross-posted to: economics@lemmy.worldeconomics@lemmy.ml
arrow-up1655arrow-down1external-linkU.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemicwww.pbs.orgreturn2ozma@lemmy.world to News@lemmy.world · 1 month agomessage-square78fedilinkcross-posted to: economics@lemmy.worldeconomics@lemmy.ml
minus-squareBananaTrifleViolin@lemmy.worldlinkfedilinkEnglisharrow-up25·1 month agoWow, interest alone on the debt is now hitting $1trillion a year and expected to hit $14 trillion in 10 years!? And this is despite Americans being taxed $350bn through trumps tarrifs. Elon Musk is very quiet about this - wasn’t this why he went all in on DOGE?
minus-squareRememberTheApollo_@lemmy.worldlinkfedilinkarrow-up27·1 month agoHe went for Doge to remove or incapacitate agencies inconveniencing his businesses, particularly SpaceX. The Doge Dumbasses wrecked everything else by vibe.
Wow, interest alone on the debt is now hitting $1trillion a year and expected to hit $14 trillion in 10 years!?
And this is despite Americans being taxed $350bn through trumps tarrifs.
Elon Musk is very quiet about this - wasn’t this why he went all in on DOGE?
He went for Doge to remove or incapacitate agencies inconveniencing his businesses, particularly SpaceX. The Doge Dumbasses wrecked everything else by vibe.