| ▲ | bryanlarsen 3 days ago |
| > The government needs to shrink dramatically Most (but not all) other developed countries have both a larger government and a smaller deficit per capita. A smaller government is not the only solution. |
|
| ▲ | pclowes 3 days ago | parent [-] |
| They are almost all also going bankrupt. Also, those governments may be efficient but the US is not. You do not get a more efficient government by making it larger. |
| |
| ▲ | bryanlarsen 3 days ago | parent | next [-] | | They are almost all more solvent than the US. | | |
| ▲ | pclowes 3 days ago | parent [-] | | I would need more data here. The US is highly solvent because of the global dollar as well as being a hegemonic military superpower. | | |
| ▲ | bryanlarsen 3 days ago | parent [-] | | The US is in the process of throwing away both advantages, so you have to judge simply by debt/deficit levels. |
|
| |
| ▲ | tpm 2 days ago | parent | prev [-] | | Debt-to-GDP of Germany is around 63%, that is notably less bankrupt than the US at 120% which is approaching Italy (that went from 154% in 2020 to around 135% now). |
|
