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2 years agoEven calling it “statistical data about the US debt” is overselling it since it’s literally just a screenshot and a link to a paper that (presumably?) the screenshot came from.
This is a statistics website of the US treasury
Fiona (she/her)🏳️⚧️
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• Romanian ML • Enjoyer of Nice Things™
Uphold Marxism-Leninism-Yuno Gasai Thought!
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Cake day: March 2nd, 2022
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The vast majority of bonds aren’t owned by the average US citizen, though.
Not to mention what the US budget is primarily diverted towards.
You’re saying it as though tremendous amounts of debt have the possibility of being interpreted as a positive thing
Most domestic bond ownership is within the hands of the bourgeoisie, though.
I’m not saying “no country should ever take on any debt.” I’m saying the US debt is excessive, and the money is being wasted on furthering the aims of the bourgeoisie, primarily through funneling that money into continuously arming the military and the police.
Surely this money could at least be used to increase funding for necessary services like education and healthcare, but it’s not.
And “inefficient” is a mild way to put it, especially when looking at the DoD