@unusual_whales He should have resigned with his dignity intact years ago. These politicians hanging on when they’re clearly incompetent is a disgrace.
@mcuban@elonmusk 150 million people have no real options other than making recurring contributions to the stock market via retirement accounts. Inflation and zirp have meant for years that you cannot save cash in a bank account or other safe asset.
@RMOliver1010@ThatCreoleMan@saylordocs It’s not a forced savings plan at all. It’s a tax used to redistribute wealth. Yes it’s a shitty plan for top earner because their money gets pushed down to low earner who get paid more than they put in.
🇺🇸 Here's what $39 trillion in debt really means:
If we confiscated every dollar of U.S. corporate profit ($3.8T/year), it would take over 10 years to pay off.
Sell every ounce of gold ever mined: $32 trillion. Still $7 trillion short.
Liquidate every Bitcoin in existence on top of that: $33.5 trillion. Still $5.5 trillion short.
If we confiscated every dollar of federal tax revenue ($5.3T/year), it would take over 7 years to pay off, assuming zero spending.
The debt is 71% of every home in America, or 30% of every publicly traded company on Earth.
The debt grows by $7.2 billion a day, or $84,000 a second.
This is a problem.
@DonMiami3 The Fed cannot control inflation so long as the Congress continues to spend with reckless abandon. The only fix is limiting government spending.
@KamalaHarris Does skin color matter or does it not matter? If it doesn’t matter, why must any voter be assured representatives of the same skin color?
@TheLadyArcher77@AnnicaAguzzi@anneapplebaum Not ugly at all. If they have money, minerals, and natural resources they can pay for it themselves. Thats how the entire world works. If you can pay for it yourself you shouldn’t get handouts.