better cut everything but the military that will do uhhhh nothing
SNAP $200
PBS/NPR $150
Border Patrol $800
Military $3,600,000,000,000
Medicare $150
someone who is good at the economy please help me budget this. my credit rating is dying
The US government’s willingness to run huge deficits (which increases the national debt) is what makes it so powerful and holds so much sway over the developing world in the first place.
Remember, that you cannot run large budget deficits is a neoclassical myth designed to keep the rest of the world from investing in self-sufficiency, and must therefore earn export revenues (by using their labor and resources to sell cheap goods and services to the wealthy countries) first before they can invest in their own country in order to “keep their deficits down”.
US federal debt = dollars spent by the US government that haven’t been taxed back yet. It literally is just an accounting tool to drain the extra reserves creating in the financial system every time the government spends money.
This MMT meme should clarify everything:
Leftists really need to understand that they should attack the federal government for prioritizing its spending on rich people, and not enough on the average working people, instead of regurgitating neoliberal myths that perpetuate the US hegemony.
Most comprehensible leftist meme
