I seem to be in a different time zone, my clock says it passed $37T a long time ago 😂
⚡️🇺🇸👏 NEW - The US debt has officially passed the $37 trillion mark.
https://blossom.primal.net/bfc6c4b2eb502c93c0d38d852d4fc5cbe6af6558723b96c749ac47c247c3e508.mp4
Discussion
And in reality, its far worse. These 'official' figures dont account for unfunded liabilities. Like this for an example (and this was 8 yrs ago).
OK, but pensions have always been misunderstood and misrepresented (for good intent).
The pension, especially the government one, that you pay into is to pay for retired people now.
By the time you get to retire you hope that there will be enough income to pay for your pension.
Every intelligent person understood this, every unintelligent person didn't.
That is why the fear of a declining population or economy is real, it's economics not environmental.
Its more than just pensions. SS, medicare, medicaid, all of it. Nothing like that at all is funded even though we are told it is. This article was just the first that popped up in my search.
Yes agreed 💯
Any business would be required to disclose such, execs could face charges and / or lawsuits for deceiving investors and shareholders, but not the thugs in DC. Enron-style creative accounting 🤷♂️
Understood, but let's play out a scenario:
Government: "You have to submit 25% of your salary in taxes to pay people that are currently retired and allow them to have a comfortable life"
Average Idiot: "GFY, I'm not paying for those lazy boomers. Hey fellow plebs lets riot"
Cue Marie Antoinette hanging around on the guillotine, waiting for an unpaid government employee to put the effort in to chop off her head 😂
Well, we already pay more than that. Im at about 30% and I make just under 20/hr.
I'm sure all the boomers, currently sipping champagne on their world cruise are very grateful 😂
I thought you were Gen x Mike…
I am, I'm waiting to receive the hate in about 20 years when all the boomers are dead 😂
We’ll get off that cruise and do some bloody work then! 🤣
I'm literally doing it now.
NOSTR posts don't shit themselves.
I'm here grinding every day making sure I meet this months shitpost allocation 😂
When you getting Rees Mogg on here?
You want to see pictures of my cat? 😳
Well yes and that but didn’t you say your were related t JRM?
No I definitely didn't 😳
But my cat says meeeooow 😂
You did! I can probably find the post later… or not, can’t be arsed but I’m sure you did.
Meow to your cat, have we been treated to pics yet?
I remember saying I admired him for napping in the commons 😂
Also, I don't really have a cat called Rees Mogg, I was just saying that for comic affect.
We used to have two cats years ago, a brother and sister called Jambo and Zanzi 💜
I shouldnt be laughing, but what else one do? 🤣😞🤣😞
And they better at least be grateful.
On the plus side, I grew up pretty poor, so Im a expert at this shit 🤣
Just wait till you retire, and all those Gen Alpha's are paying for your vacations.
You've never had it so good 😂
Id be surprised if the US still exists as we now know by that time. Or if I havent been black bagged by then 😂
