Fiona (she/her)🏳️⚧️@lemmygrad.mltoUnited States | News & Politics@lemmy.ml•The US national debt is already grown by $1 trillion in a monthEnglish
41·
1 year 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
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