politics

The Biden administration didn't care about the rapidly increasing and entirely unsustainable national debt in the United States. The Trump administration doesn't care either, and the Obama administration also didn't give a flying fuck. I think the attitude of politicians about this dumpster fire can be summed up quite well by this quote:
 "Asked about the credit rating downgrade during a Sunday appearance on Meet The Press, Treasury Secretary Scott Bessent said, "Who cares?""

The recent Moody's downgrade came right after the new tax bill was introduced into the House. It would add a minimum of 3.3 trillion dollars to the deficit, up to 5 trillion. This would increase our national debt by 25% by 2034. 

Governments around the world are addicted to easy money and when the easy money is no longer easy, they will try to make up for it by stealing even more from you than they already do.

The Biden administration didn't care about the rapidly increasing and entirely unsustainable national debt in the United States. The Trump administration doesn't care either, and the Obama administration also didn't give a flying fuck. I think the attitude of politicians about this dumpster fire can be summed up quite well by this quote:
 "Asked about the credit rating downgrade during a Sunday appearance on Meet The Press, Treasury Secretary Scott Bessent said, "Who cares?""

The recent Moody's downgrade came right after the new tax bill was introduced into the House. It would add a minimum of 3.3 trillion dollars to the deficit, up to 5 trillion. This would increase our national debt by 25% by 2034. 

Governments around the world are addicted to easy money and when the easy money is no longer easy, they will try to make up for it by stealing even more from you than they already do. 

https://reason.com/2025/05/19/not-even-the-moodys-downgrade-can-make-republicans-take-the-national-debt-seriously/

Writer / Crypto Idealist / Privacy Ninja /
I like hard money and I dislike the state. 
Blog: paragraph.xyz/@thoughtcrimetraphouse

The scariest part is not even the numbers. it’s how bipartisan the apathy is. When both parties agree on ignoring a ticking time bomb, you know it’s not incompetence. It’s strategy.