this post was submitted on 19 Mar 2025
1102 points (99.7% liked)
Political Memes
7197 readers
2940 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
We don't tax billionaires to fight the national debt. We tax billionaires to fight BILLIONAIRES.
(But whatever gets us there I guess.)
I should probably have mentioned:
The main point of the post is that despite the connotations of the word “debt”, retiring the debt would be a disastrous mistake.
Even running multi-year neutral (or surplus) budgets would probably cause a recession.
And that’s not a weakness of the US economy, it’s just how fiat currency works.
That sounds like our economy is being held hostage by billionaires. "You can't take money from us, it'll make things worse for everyone". Bullshit - they'll try to make things worse for everyone but we don't have to let them, which is exactly the point.