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posted ago by Crooked_Hillary ago by Crooked_Hillary +14 / -0

I understand that if for example the government has a 12T debt and spend 2T on returning peoples money that they paid in taxes instead of paying of the debt that the debt remains 12Trillion. But how comes that OUR debt increases? lets say the government gives us $10,000 back from our own money that we paid in taxes why does OUR debt increases? If the government takes money from you and later on borrows from someone else to return it to you than why does the government having to borrow it become your problem instead of the governments? Why won't they cut off federal spending and foreign aid until they pay back their debt? they are also not responsible for your debt so why would you have to be for theirs? And if the government is in debt every year why aren't there people being held accountable for the mismanagement of funds? How come that if the government is reckless with their spending & increase taxes due to it that we just accept it and move on like its normal? what has made us such push overs that the government can just do whatever with our money and we just accept it?

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zayy 3 points ago +3 / -0

Believe me you’re a professor when it comes to economics in comparison to the government’s knowledge.

Anyway I’m young and haven’t learned enough either so wish I could help hehe