US government debt:
The numbers are beyond comprehension, on track for a #budget #deficit of $US2 trillion this year, government debt is at $US 40 trillion.

Interest is at $US 1.25 trillion per year, that's $US 3 billion a day!

If the US defaults on its debt we are all screwed....

Because a #recession will lead to a decrease in revenues, causing the #deficit to grow further.

This is why it is such a bad idea to run such huge deficits during the good times.

#Politicians, time is running out. Act now. While you still can.

🧵 4/4 End

Meanwhile, everything else has been cut to the bone. So there is NOTHING left to cut to make up the $2 trillion.

They basically have no choice. #Taxes have to go up to close the #deficit.

& they’re running out of time ⌛️ on this ticking time bomb 💣.

🧵 2/4

The American #fiscal situation is so dire right now & all #politicians are just burying their heads in the sand about it.

You hear #Republicans say we have a #spending problem. And they’re right. $1 trillion on #interest & growing. $1 trillion on #defense. There’s your $2 trillion #deficit.

🧵 1/4

#OTD in 1936
(hopeful [or wishful?] political allegory in an election year)
Cover of The New Yorker, September 12, 1936
Rea Irvin
#TheNewYorkerCover #ReaIrvin #GreatDepression #Deficit #nationaldebt #governmentspending

Crisis habitacional en Argentina: 37% de jóvenes de 25 a 35 años no logran independizarse por falta de viviendas

🤖 IA: No es clickbait ✅
👥 Usuarios: No es clickbait ✅

#jóvenes #vivienda #deficit

👇👇👇

"How Federal Cannabis Reform Could Create Billions in New Tax Revenue and Give Washington Another Tool to Fight The Growing U.S. Budget Deficit"
#MedicalMarijuana #MedicalCannabis #Marijuana #Cannabis #Federal #Reform #Tax #Revenue #Budget #Deficit

The committee of useless pendejos,

#FuckTrump
#FuckTheGOP
#Taxes
#Deficit

i just love Jonathan Pie's "news reports" 💙

https://youtu.be/5ArrYBP8YMk

#midterms #bribe #illegal #deficit #satire #news #uspol

#MONEY in perspective:

Million, billion, trillion…

Most #Americans can’t comprehend the actual difference between these.

Let’s pretend $1 is one second on a clock.

$1 million = 11½ days
$1 billion = 31 years and 9½ months
$1 trillion = 31,688 years and 9 months

Clearer now?
#deficit #military

A TRILLION USD$ Bribe from #Trump

"Trump, hoping to salvage midterms, makes dubious pledge to give every US adult $5,000 if GOP wins"

#Corruption #Desperation #Incompetence #Cheating #Loser #Taco #Nacho #News #Politics #USA #EU #Asia #MAGA #Democrats #Deficit #Economics #Finance […]

So, the party that has increased the deficit over the last 46 years is the party that is ....
You fill in the blank.

#Deficit

#deficit #economy #trump

A LITTLE REMINDER:

If you don't like how things are going in Washington ( #Debt, #Deficit, #Wars, #Inflation, Low #Wages, #Healthcare too expensive, #GasPrices thru the roof, etc), please note that #REPUBLICANS HAVE CONTROLLED EITHER THE WH OR CONGRESS FOR 42 OF THE LAST 46 YEARS. 😱

Déficitaire de la chatte

Un terme décrivant un déficit, un manque, ou une insuffisance dans divers domaines, souvent financier ou en ressources. #Deficit #Manque #Ressources #Insuffisance #Finance

Déficit de la chatte

Un déficit est une situation où les dépenses d'une entité dépassent ses revenus, entraînant un manque à gagner. Ce terme est souvent utilisé en finance pour décrire une perte financière. #Deficit #Depenses #Revenus #Finances #Perte