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atmavatar 8 hours ago

What's really interesting is where exactly the debt is going.

If the US were funneling money into long-term programs designed to improve the country and its residents' lives and/or earn some return on investment, that would be one thing.

Instead, it seems focused on continually increasing military spending (to little effect - see: Straight of Hormuz) and reducing the proportion of the tax revenues coming from its wealthiest individuals while taking a chainsaw to programs helping the poorest without any significant savings to show for it.

You couldn't do a worse job if you were following step-by-step instructions by an adversary for sabotaging the country from within.

kasey_junk 8 hours ago | parent [-]

It’s going to paying for an aging demographic and medical care. The same as literally every western country. Which is why I don’t view this as a particularly American issue.

America is doing a bad job of addressing this, but it also has more leeway.

phs318u 4 hours ago | parent [-]

> It’s going to paying for an aging demographic and medical care

Is it though? I thought US life expectancy was falling behind the rest of the world?

https://www.ineteconomics.org/perspectives/blog/why-american...