Theres always nationalization and reappropriation. Yes yes but that's socialist policies i know. What else do you do when .01% collect half the worlds wealth?
The same things we did under Trump. Think about it, both the income/wealth inequality gap became smaller under Trump. Why? Because when you stop creating extra competition for the working class (illegals), get the government out of the way (cut regulations), and have pro small business policies such as tax cuts (big corporations can afford the lawyers to circumvent them anyways so it doesn't really impact them), then everyday Americans can actually succeed.
I personally think paying back debts is a good thing but I do see your point that it will take a long time. I don't know enough to say for sure either way.
The two big questions I have is what kind of burden the debt will place on our economy while we pay it off. While the other is how devastated will our economy be if we simply welsh on it.
Theres always nationalization and reappropriation. Yes yes but that's socialist policies i know. What else do you do when .01% collect half the worlds wealth?
The same things we did under Trump. Think about it, both the income/wealth inequality gap became smaller under Trump. Why? Because when you stop creating extra competition for the working class (illegals), get the government out of the way (cut regulations), and have pro small business policies such as tax cuts (big corporations can afford the lawyers to circumvent them anyways so it doesn't really impact them), then everyday Americans can actually succeed.
And repay 20 trillion dollars in the process? That would take 100 years. The interest alone is like 600 billion a year.
I personally think paying back debts is a good thing but I do see your point that it will take a long time. I don't know enough to say for sure either way.
The two big questions I have is what kind of burden the debt will place on our economy while we pay it off. While the other is how devastated will our economy be if we simply welsh on it.