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For Sale Mar 23, 2026 at 6:51 PM

The Treasury just declared the U.S. insolvent. The media missed it

Posted by TheQuarantinian


https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/

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DrHugh Mar 23, 2026 +11508
The article says that Congress has lost control of the finances. It is more like they just handed it over to the executive branch and stopped thinking about it.
11508
IguaneRouge Mar 23, 2026 +3213
Surely Donald Trump is trustworthy with money at least right?!
3213
OriginalFNG Mar 23, 2026 +1963
There's a whole demographic who thinks our republic should be run like a business. Which it is -- a Trump business: Straight into the f****** ground.
1963
RandyMuscle Mar 23, 2026 +1086
The number of conservatives that have told me the postal service needs to go because it doesn’t make money is insane. Almost all of them immediately snap out of it when I ask them how much profit the marines make. Like they suddenly remember for at least 10 minutes that governments provide services.
1086
Vaxcio Mar 23, 2026 +323
Or how the USPS was basically forced into the red by legislation that made zero sense and that no other agency was held to? Because before that they were doing alright. Email was a looming challenge, but not so bad that it would have caused their current issues.
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brocjames Mar 23, 2026 +125
Yup. The postal service used to actually make money until our geniuses in charge fucked it all up.
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Great_Detective_6387 Mar 23, 2026 +134
It’s illegal for USPS to charge less than it costs them to ship an item. The postal service just looks insolvent because the gop made them fund retirements 70years out, so the gop can claim it’s insolvent and carve it up and privatize it.
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nuisible Mar 24, 2026 +1
>The postal service just looks insolvent because the gop made them fund retirements 70years out, so the gop can claim it’s insolvent and carve it up and privatize it. The really crazy part of this is that private enterprise doesn't cover what USPS does themselves because it's not cost effective. You can ship a package with UPS anywhere you like but if the destination is too far outside of service from their main hub, UPS will give packages to USPS for last mile delivery.
1
ScootyMcTrainhat Mar 23, 2026 +56
Purposefully fucked it up because it made money and was an example liberals pointed to as government done right. Can't have that.
56
GenericRedditor0405 Mar 23, 2026 +469
The number of conservatives who would be immediately screwed over by a postal service run like a for-profit business is unfathomable. The postal service is vital in large part *because* they do shit that no normal delivery company would do without charging F*** You money. I know I’m preaching to the choir here but it’s frustrating how we have to practically fight people over things we all take for granted
469
Catshit-Dogfart Mar 23, 2026 +305
And this is why the accomplishments of yesterday are impossible today. Pretty sure if somebody proposed the fire department as if it were a new thing, it would be widely rejected. My house isn't on fire right now, why should I pay for them to put out fires in other people's houses?
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echosrevenge Mar 23, 2026 +194
The Public Library would be widely considered a socialist plot to destroy the country.
194
Chief_Mischief Mar 23, 2026 +118
It already is going by conservatives trying to burn/ban library books and threatening physical harm against librarians like they did in Idaho.
118
ComradeCritHit Mar 23, 2026 +82
Imagine if somebody proposed libraries today.
82
tunedout Mar 23, 2026 +33
I guess we could let them read for free for the first 15 minutes, but they will need to sign up for the poverty subscription. They will get one preselected book from our sponsor that can be accessed when they buy the $200 tablet. They will get 15 minutes of reading time (3 5 minute windows with 10 minute add breaks) every 24 hours completely free. "Ask about our Labor 4 Knowledge program where you can earn credits and improve your social status!!"
33
TheAnalogKid18 Mar 23, 2026 +75
Pretty soon we won't even be able to f****** mail things if these shitbags continue to have power.
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TokinN3rd Mar 23, 2026 +110
Pretty sure that's the plan. They can't get rid of mail-in ballots so they'll just get rid of the mail.
110
GreatBandito Mar 23, 2026 +84
naw worse than that. the guy in charge of the post office is on the board of a private company that competes with the post office so they are going to bankrupt the mail so they can sell it to their own company edit: plus the news today that the supreme court might allow for no late mail in ballots so you can also slow all the mail to do voter supression "by accident"
84
RecursiveSubroutine Mar 23, 2026 +20
Also in U.S Postal Service v. Konan earlier this year, they ruled that the U.S. Postal Service (USPS) is immune from lawsuits regarding missing, lost, or intentionally undelivered mail. Yep, even if intentionally undelivered.
20
screamingintospace Mar 23, 2026 +39
Isn’t it also that the Post Office actually does run a profit but Congress saddled it with a law that made it so they have prefund retiree health benefits decades in advance.
39
zxybot9 Mar 23, 2026 +13
75 years in advance. Insuring bankruptcy.
13
Edogawa1983 Mar 23, 2026 +17
They are just empty vessels for whatever talking point white house give to fix news
17
chaneilmiaalba Mar 23, 2026 +13
I don’t really understand (but to be fair, never really asked) where they think the profits are supposed to go. Who is profiting? Are we all supposed to get a check back for 95 cents a year? Or do the profits go into a slush fund for more wars?
13
Consistent_Laziness Mar 23, 2026 +9
And one of those services is supposed to be structure and predictability. Haven’t had that in a while
9
ArgyleGhoul Mar 23, 2026 +65
Even running it like an ordinary business doesn't mean what most people think it means. Most businesses don't give a f*** about non-executive employees. Why would you want that for your whole society?
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nobot4321 Mar 23, 2026 +42
Capitalist propaganda and indoctrination.
42
stoic_spaghetti Mar 23, 2026 +43
I overheard someone say in a coffee shop recently that they don't vote, but that they are okay with the Trump administration. This person then went on to declare themselves "fiscally conservative" and I to remove myself before I barged into the conversation lol.
43
tots4scott Mar 23, 2026 +26
I'm done holding my tongue in public
26
GreatMinds1234 Mar 23, 2026 +21
United States of Atlantic City
21
humdinger44 Mar 23, 2026 +36
He's a business man!
36
Topher92646 Mar 23, 2026 +32
Who bankrupted a c*****!
32
Aardvark4352 Mar 23, 2026 +51
He bankrupted a c***** by embezzling money from it until he had sucked it dry for his own gain. Exactly how he is running the country now.
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25point4cm Mar 23, 2026 +30
Don’t forget how his father had an underling go into the c*****, buy $3.3 million of chips and leave, thus in effect illegally loaning money to a c***** without reporting it to the gaming authorities. [link](https://americanjournalnews.com/fred-trump-illegally-used-millions-in-c*****-chips-to-keep-debt-ridden-donald-afloat/)
30
wrecktus_abdominus Mar 23, 2026 +46
A vile lie! It was multiple casinos
46
Parkotron1 Mar 23, 2026 +37
Three. Three casinos. [All while stiffing his contractors and not paying any taxes](https://share.google/Bsb7QdjHkszdxRNDZ)
37
lake_effect_snow Mar 23, 2026 +21
Intentionally bankrupted more than one, amongst his other intentionally corrupt actions in relation to his “businesses” and “charity”. When your public accounting firm declares a decade of your financials are unreliable, that’s a HUGE deal. And it was a blip on most everyone’s radar… except mine - I’m a CPA and have avidly followed this shitshow, his illicit financial dealings and patterns.
21
TheNuminous Mar 23, 2026 +18
If by "business man' you mean "being in bed with the russian mob", then yes.
18
big_troublemaker Mar 23, 2026 +378
Is US congreas actually doing anything since Trump took over? Not a US citizen, genuine question. I've seen some hearings where indifferent Trump officials generally ignore politicians questioning them, but otherwise than that? Anything?
378
Fochlucan Mar 23, 2026 +344
The Rs have rolled over, and some Ds, but even if all the Ds stood firm, they're still in a minority position as Rs hold the House, Congress, Supreme Court, and Executive.  
344
somehugefrigginguy Mar 23, 2026 +132
I feel like a lot of the Republicans are taking the dead fish approach. They don't want to take a position or do anything meaningful until they see who's going to come out on top. Once the dust settles they'll step forward and claim they supported the winning faction the entire time and and point out that they never took any action to the contrary (despite the reality that they never took any action at all)
132
Future_Burrito Mar 23, 2026 +97
People need to start treating inaction as just as bad as wrong action. Because they are often the same thing.
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somehugefrigginguy Mar 23, 2026 +43
"All that is necessary for the triumph of evil is that good men do nothing." Or the inactivity of evil men...
43
MountainMan2_ Mar 23, 2026 +8
"when you choose not to decide, you still have made a choice!" -rush, "freewill"
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brickout Mar 23, 2026 +52
Not just rolled over. Many of them are directly complicit. 
52
Watchful1 Mar 23, 2026 +34
Congress can only pass laws with 60 votes in the senate, with limited exceptions. Neither party has had 60 votes in the senate since 2009 (which Obama used to pass obamacare). So neither party can pass anything unless it's so uncontroversial that both parties agree to it. Most of the time the republicans are happy with just not passing anything and letting Trump rule by executive order. The main exception is the government budget, which you really need to pass, which is why we've had two shutdowns in the last 6 months. The other exception was the Epstein list bill.
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Cheshire_Khajiit Mar 23, 2026 +22
Rubber-stamping whatever Trump does when they have the votes to do so, causing government shutdowns when they don't.
22
b_tight Mar 23, 2026 +7
GOP just shut down congress for the week. Im not kidding
7
Aern Mar 23, 2026 +148
Congress has abdicated all of its responsibilities to the executive branch. They don't have to take votes that are uncomfortable and they can feign the use of their actual powers if it's politically advantageous for them. If we keep voting for these clowns, we're going to keep getting this bullshit.
148
cobrachickenwing Mar 23, 2026 +13
Johnson and Thune have abdicated all responsibility to the country. Both should be tried with obstruction of congress for failure to do their constitutional duty.
13
KriosXVII Mar 23, 2026 +66
They just keep lowering taxes, but not really lowering expenses. At some point the next credible government will have to bite the bullet and raise taxes. They will promptly get voted out right after lmao.
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fractalfay Mar 23, 2026 +23
You just made George HW Bush toss in his grave with this reminder.
23
bloodontherisers Mar 23, 2026 +8
They are going to have to raise taxes and likely find a way to reduce expenses as well, but for real this time, not whatever bullshit DOGE did (besides cut all the agencies investigating Elon).
8
CobraPony67 Mar 23, 2026 +28
Handed Trump a credit card with no limit and is spending like a mad man.
28
rallar8 Mar 23, 2026 +15
It’s that the business class has decided to run us into the ground so they can say it was the immigrants and the poors spending too much… meanwhile instead of paying what they owe, they buy treasury bonds and get paid interest on the taxes they should have paid.
15
shiphappens15 Mar 23, 2026 +12035
Awesome, so he’s running America _exactly_ like his businesses
12035
PhilDGlass Mar 23, 2026 +1980
Exactly what the new CEO of America (after Trump kicks it) and Oligarchy waiting in the wings wants.
1980
fnordal Mar 23, 2026 +541
Even if the Oligarchy won't manage to gain power this time, the next government will be left with a huge empty void in the coffers.
541
bootsthepancake Mar 23, 2026 +433
And if the GOP loses power, they will scream louder than ever about it. If the GOP stays in power, it won't be a problem.
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BringOn25A Mar 23, 2026 +334
Two Santa’s has been a strategy for decades. [THE TWO SANTAS STRATEGY: HOW THE GOP HAS USED AN ECONOMIC SCAM TO MANIPULATE AMERICANS FOR 40 YEARS](https://www.milwaukeeindependent.com/thom-hartmann/two-santas-strategy-gop-used-economic-scam-manipulate-americans-40-years/) > Here’s how it works, laid it out in simple summary: > First, the Two Santas strategy dictates, when Republicans control the White House they must spend money like a drunken Santa and cut taxes to run up the U.S. debt as far and as fast as possible. > This produces three results: it stimulates the economy thus making people think that the GOP can produce a good economy; it raises the debt dramatically; and it makes people think that Republicans are the “tax-cut Santa Clauses.” > Second, when a Democrat is in the White House, Republicans must scream about the national debt as loudly and frantically as possible, freaking out about how “our children will have to pay for it!” and “we have to cut spending to solve the crisis!” Shut down the government, crash the stock market, and damage US credibility around the world if necessary to stop Democrats from spending money. > This will force the Democrats in power to cut their own social safety net programs and even Social Security, thus shooting their welfare-of-the-American-people Santa Claus right in the face. > And, sure enough, here we are now with a Democrat in the White House. Following their Two Santas strategy, Republicans are again squealing about the national debt and refusing to raise the debt ceiling, imperiling Biden’s economic recovery as well as his Build Back Better plans. > And, once again, the media is covering it as a “Biden Crisis!” rather than what it really is: a cynical political and media strategy devised by Republicans in the 1970s, fine-tuned in the 1980s and 1990s, and rolled out every time a Democrat is in the White House. ******** > To make this work, the Republicans would first have to turn the classical world of economics — which had operated on a simple demand-driven equation for seven thousand years — on its head. Everybody understood that demand — “working-class wages” — drove economies because working people spent most of their money in the marketplace, producing “demand” for factory output goods and services. > To lay the ground for Two Santa Clauses, in 1974 Wanniski invented a new phrase — “Supply-Side Economics” — and said the reason economies grew wasn’t because people had good union jobs and thus enough money to buy things but, instead, because business made things available for sale, thus tantalizing people to part with their money. > The more products (supply) there were in the stores, he said, the faster the economy would grow. And the more money we gave rich people and their corporations (via tax cuts) the more stuff (supply) they’d generously produce for us to think about buying. At a glance, this move by the Republicans seems irrational, cynical and counterproductive. It certainly defies classic understandings of economics. But if you consider Jude Wanniski’s playbook, it makes complete sense.
334
bootsthepancake Mar 23, 2026 +86
Every time. Right now everyone who isn't a Republican in Washington ought to be giving absolute hell about spending a billion dollars a day in Iran, the deficit ballooning to pay for the Big Bullshit Bill tax cuts for the wealthy, and all the money being thrown down the drain on primaries by crypto, gambling, and AI tech companies to buy influence in elections while we watch basic needs and energy costs skyrocket.
86
BringOn25A Mar 23, 2026 +29
Won’t you think about those poor destitute billionaires who are struggling to keep up their ~~bribes~~ gratuities to government officials? They needed the Billionaire Bailout Bill to keep up the standards of corruption they have become accustomed to.
29
Jukka_Sarasti Mar 23, 2026 +189
> And if the GOP loses power, they will scream louder than ever about it. If the GOP stays in power, it won't be a problem. Yes, and likewise the so-called 'liberal media' will run stories every day about how terrible the debt and deficit situation is if/when the GOP are out of power, but they're all so strangely quiet about the issue when a Republican is at the helm..
189
Free_Stomach_6767 Mar 23, 2026 +105
You probably know this, but nearly all mainstream and local news outlets were bought out by conservatives 2014-2018. There is no liberal media in the USA anymore that I am aware of.
105
NorthernerWuwu Mar 23, 2026 +30
I believe that is exactly what they were implying.
30
remotectrl Mar 23, 2026 +28
Toddler governance
28
boythinks Mar 23, 2026 +63
And a number of major institutions that are deeply corrupt and broken. Fixing the damage done will take several decades at minimum, assuming it's possible at all from here. Personally I think it's about 60/40 on the US entering a spiral that it can't get out of from here.
63
korben2600 Mar 23, 2026 +49
The oligarchs have [made it abundantly clear](https://theplotagainstamerica.com/) they have no interest in allowing our democracy to continue. It's upon the rest of us to ensure that doesn't happen.
49
BlatantFalsehood Mar 23, 2026 +53
And if it's the dems that win, the republicans will blame everything on them.
53
jokerTHEIF Mar 23, 2026 +30
They won't need to, most of their own base will blame them too. Unfortunately in our instant gratification, no attention span culture people expect immediate results from everything including governments. It's happening in Canada too - less than a year since our election and people are already like "Why the hell are things so expensive, f*** Carney"... um maybe because the entire global economy is collapsing and in the grand scheme of things Canada is actually doing quite well. The loudest detractors if the Dems win the midterms will be other Dems who don't understand that digging the US out of the hole the GOP has dug will take generations, if it can even be fixed at all.
30
platocplx Mar 23, 2026 +44
Yup and ready to sell parts of America to private equity further making things shittier
44
Kwerby Mar 23, 2026 +259
To the ground you say?
259
mentaljobbymonster Mar 23, 2026 +139
And how's Israel holding up? Edit, I'm disappointed that most didn't get the reference
139
Illustrious-Ant6998 Mar 23, 2026 +80
To the ground, you say?
80
jonathan_strange2 Mar 23, 2026 +37
Great news everyone!
37
darknekolux Mar 23, 2026 +47
Ran out of Palestinians, attacking Lebaneses instead
47
NoHorseNoMustache Mar 23, 2026 +44
No they're still hard at work cleansing the West Bank: [https://www.bbc.com/news/articles/cew719w80g7o](https://www.bbc.com/news/articles/cew719w80g7o) I like how they're still called 'settlers' instead of 'religious terrorists'. At least the BBC calls them 'extremist'.
44
OuisghianZodahs42 Mar 23, 2026 +154
Yup. He's strip-mining our country for spare parts and lining his pockets so he can walk away.
154
Pickle01 Mar 23, 2026 +132
He went from being a multimillionaire to a multibillionaire while being president in his second term. His kids have done the same thing. They’ve created generational wealth through naked corruption and theft.
132
AlcibiadesTheCat Mar 23, 2026 +58
Easy solution: freeze their assets. Civil and criminal forfeiture.
58
Polantaris Mar 23, 2026 +43
Every single person associated to the administration for even one minute should be forced to undergo something like this. That includes Musk, every kid he brought in for "DOGE", and everyone in-between. They've all stolen from us.
43
hung-games Mar 23, 2026 +17
That’s why he’s putting a chunk of the stolen Venezuelan oil in Qatar. Although, at this point, they might be willing to freeze his assets
17
No-Bicycle-7660 Mar 23, 2026 +247
It didn't happen in the last year ... just look at a graph of debt since Reagan was elected. The only times it took a little bit of a breather (though kept rising fast by any normal standard) were a couple of years under Bush Snr (non Gulf) and Clinton's 2nd term. Also: "The Government Accountability Office (GAO) issued a disclaimer of opinion on the U.S. government’s FY 2025 financial statements — the 29th consecutive year it has been unable to determine whether the statements are fairly presented. This is primarily due to serious, ongoing financial management problems at the Department of Defense and weaknesses in accounting for interagency transactions." Not being able to certify federal accounts for nearly 30 years is absolutely bat shit.
247
MySpoonsAreAllGone Mar 23, 2026 +107
Didn't Clinton balance the budget in 2001?
107
UnquestionabIe Mar 23, 2026 +152
Yeah but then we had to burn all that money after 9/11 to "not let the terrorists win". Spoiler: they won.
152
bloodontherisers Mar 23, 2026 +85
It wasn't just that, Bush said he wanted to "return the money to the people" and started all kinds of handouts back to tax payers which of course erased the budget surplus and then some that his party had fought for for 10 years previously. They only care about fiscal responsibility when a Democrat is president and that is so they can hamstring their agenda.
85
Newscast_Now Mar 23, 2026 +70
The George W bush tax cuts for the rich in 2001 and more in 2003 were so extensive that they lowered the tax revenue to the government from over 20% of national income down to as low as 14%. Since then the percentage has increased, but in those numbers lie the entire national debt. Not in war. Not in spending. Not in fraud. waste or abuse. But in taxes. Giant tax cuts for the very wealthy. Six times now. 1981, 1987, 2001, 2003, 2017, and 2025. When do we break this 45 year trend?
70
MommyLovesPot8toes Mar 23, 2026 +26
The Dept of Defense has failed its financial audits for the last, what, 8 years? They cannot account for where the money has gone. Keep in mind, the US military is the most expensive military in the world and is where about half the money the government spends goes to disappear. That's OUR money that is being secreted away by the "Friends of the GOP" Epstein class. This country needs a top down audit and a new dedicated prison.
26
RAW_returns Mar 23, 2026 +22
Bring in the 16yo girls!
22
Latter_Knee_6716 Mar 23, 2026 +22
I don't know that I'd trust this article at all. The author's solution is to implement a republican bill and a republican amendment to ensure solvency. For those who haven't been paying attention for at least 20 years, I can guarantee what those would do is they would Rob from social security so that Republicans can keep spending like drunken sailors. Also, both Republicans mentioned in the article voted for the current budget so it tells me they aren't serious.
22
Am_Deer Mar 23, 2026 +3469
I heard so many people saying they wanted a business person running the country. I told them that’s the last thing we need. Businesses are motivated by profit. Now we have a business man profiting off of us. It’s like critical thinking is dead.
3469
StuTheSheep Mar 23, 2026 +740
And not even a good businessman. A businessman whose businesses always go bankrupt, with the shareholders losing everything.
740
Donald_Epstein69 Mar 23, 2026 +284
To be fair, those bankruptcies were all intentional, so he profited like crazy, and then left his creditors holding the bag. We’re all his creditors this time.
284
facw00 Mar 23, 2026 +90
I mean a lot of them, there was never really any profit either. Up until become president, pretending to be a successful businessman on The Apprentice was really the only thing Trump did that was actually especially profitable.
90
mrgrubbage Mar 23, 2026 +38
I'm sure he made plenty of money funneling teen pagaent contestants to Epstein.
38
tylerb0zak Mar 23, 2026 +14
You mean, he profited modestly. He doesn’t actually know how to run a healthy, successful business. He will burn the business down to make 2% of what a competent leader would have made He’s famous for making insanely risky, misguided imprudent decisions for relatively small amounts of money. He does not know how to do any sort of risk analysis He was so cash flow negative for decades that he HAD to get into media; he was doing f****** pizza commercials for television. His ineptitude in business is the reason he needed a tv paycheck for The Apprentice, which is the entire reason we are in this situation.  
14
j0nquest Mar 23, 2026 +43
Critical thinking isn’t dead, there’s just a lot of morons. Check out the latest news reels of _I voted for Trump, but I didn’t expect [predictable negative outcome]_.
43
Prudent-Inspector562 Mar 23, 2026 +30
I have a funny story about that. Back when I was in HS and fairly conservative I remember telling my dad that we needed a businessman president for the same reasons. He very clearly explained why that’s not a good idea for the exact reasons you mentioned. I eventually understood and have remembered that discussion all these years later. The funny part was I was talking about trump, and now he’s a trump supporter and can’t seem to understand the irony….. I guess it’s more sad than funny. Idk what has caused so many decent and smart people to abandon their own reason.
30
therealmenox Mar 23, 2026 +29
Killing critical thinking has literally been the right wing agenda for decades. 
29
Hot-Mathematician691 Mar 23, 2026 +11
We could have at least elected a successful businessman…
11
CockBrother Mar 23, 2026 +3603
Accomplished all of that in his first year back. Trump ~~Project 2025~~ wants a weak dollar. They're going to get it. edit: It'd be more accurate to say that Trump wants a weak dollar and this aligns better with the "Mar-a-Lago Accord" concept. Since many people are asking here's what that's about and why a weak dollar: Weaken dollar / cut deficits by coordinating currency devaluation, tariffs, and leverage over allies Reduce global imbalances by pressuring surplus countries to revalue currencies Rework reserve system by shifting costs of dollar dominance, potentially via U.S. debt restructuring Key players: Stephen Miran - articulated the framework (dollar overvaluation, reserve-system critique, debt restructuring concepts) Robert Lighthizer - long-standing advocate of tariff leverage and reducing trade deficits Donald Trump - political driver emphasizing a weaker dollar and trade rebalancing
3603
G-Unit11111 Mar 23, 2026 +1550
I want every single member of the Heritage Foundation marched out in handcuffs. I hope we get it.
1550
CoherentPanda Mar 23, 2026 +468
They never thought they'd actually find someone insane enough to carry out their entire playbook, yet here we are.
468
Hilby Mar 23, 2026 +210
It was a trade. If they got him re-elected and therefore avoid paying for his 36(ish) felonies he was found guilty of, (and give the opportunity to erase the others that were backlogged) he would do whatever they wanted. I have no doubt.
210
UnquestionabIe Mar 23, 2026 +94
Need to keep in mind it's also pathetic they could openly announce their plans, spend years getting their agents installed in every level of the government (also done openly), and no significant pushback from anyone in charge. Much more important to try and not look "too partisan" and really pursue the mythical undecided voters at all costs. After all it's what the donor class wanted and as we all know their support is far more important than that of the people.
94
sapphicsandwich Mar 23, 2026 +27
They did it openly because of how much Republicans wanted it. Remember how much extra chick-fil-a Republicans ate to show support of the Heritage foundation, back during the boycotts after they succeeded in getting a "Kill the Gays" bill passed in Uganda? A massive turnout from the Republican party in support of the Heritage Foundation specifically. And people are just acting shocked now?
27
crash_us Mar 23, 2026 +194
No. I want a French inspired revolution.
194
floatjoy Mar 23, 2026 +87
Many people mention wood chippers and Epstein class in the same sentence.
87
Mend1cant Mar 23, 2026 +16
Ropes are eco friendly and won’t gunk up when dealing with wood to be disposed of.
16
jimothee Mar 23, 2026 +38
The most beautiful chippers in terms of wood
38
TheWizardOfFries Mar 23, 2026 +16
What are we f****** waiting for btw, an invitation?
16
483-04-7751 Mar 23, 2026 +31
Quite a few of us have to volunteer to die and hope that our deaths were beneficial to the cause. Right now, there's no indication our deaths would be followed by further action. See: 42% approval rating of a pedophile rapist convict currently operating concentration camps, killing citizens in the streets and waging a bungled war on behalf of a foreign country.
31
Chemical-Fault-7331 Mar 23, 2026 +32
Not if we are relying on the DoJ to do it. So by that logic, the only way it happens is if the country collapses and breaks apart. Thank Republicans and conservatives for what they did to this country. Thank each and every one of them. They are the worst this country and humanity has to offer.
32
ernyc3777 Mar 23, 2026 +215
A weak dollar, inflation, job destruction, and low interest rates so the wealthy can own all of the public land for c****, and turn it private and return us to true feudal times. And if you think I’m being hyperbolic, it’s written in project 2025.
215
alexthealex Mar 23, 2026 +44
Techno-theocratic city states.
44
Dull_Bid6002 Mar 23, 2026 +13
They really underestimate the amount of people who are going to burn shit down when they can't afford meat. They're gonna own ash.
13
RooftopKor Mar 23, 2026 +170
Why do project 2025 wants a weak doll6c
170
ell0bo Mar 23, 2026 +640
Basically, things implode in the US and they're able to gobble things up. It's how they plan to exert more control.
640
tylerderped Mar 23, 2026 +417
And once again, it all goes back to *Russia*. The republicans saw that when the USSR collapsed, there was a fire sale of government assets and services. The oligarchs oligarched them up. They want to recreate that here.
417
archlinuxrussian Mar 23, 2026 +132
This is missed too much when people learn about the dissolution of the Soviet Union. You got oligarchs and dictators for a many of the republics (the Baltics got away easy compared).
132
Hot-Statistician8772 Mar 23, 2026 +23
We forced them to adopt a bunch of Milton Freidmanite policies and advisors in return for any access to markets and investment. People way to radical to ever be let loose in the West, until now. It's really depressing to think that anyone could look at the human misery of the economic collapse of the USSR in the 90s and the rise of oligarchs and the mafia as a template.
23
Michael_G_Bordin Mar 23, 2026 +67
Yup, this is why the tech-feudalists like Yarvin are so supportive of Trump's agenda. They want government land, they want government-dominated markets; they want all of us subservient to their whims and wishes. This isn't even a return to feudalism, where there were checks and controls on monarchs and lords. This is going back to pre-William the Conqueror, where thousands of tiny city-states battled eachother for resources at the expense of the peasant class.
67
jellyhessman Mar 23, 2026 +41
Which is hilarious if you have an understanding of globalization and supply chains and how that make modern tech even possible. A world like that literally can't exist and have modern technology. The resources to build a freaking computer can't be found, refined, processed, and built in a city state. Never mind literally everything else. You know what fucks up all that even more? Fighting that destroys anything a society that fragile. These people are morons that lucked into the positions they're in.
41
jzanville Mar 23, 2026 +9
Yup, the 1% will always try to maximize every last bit of profit from an empire in decline, which requires shifting the maximum amount of expenses to the 99% to deal with. Nothing new here.
9
qubedView Mar 23, 2026 +45
Ahh, like The Hudsucker Proxy. Where the CEO (and majority shareholder) of a massive company dies. His shares go back on the market after a year, so the board of directors decides to intentionally tank the value of the company in that time by putting a huge idiot in charge. In one year, the company's value plummets, they buy up the shares, fire the idiot CEO, and build it back up.
45
ksck135 Mar 23, 2026 +17
The thing is what kind of country they want to build back
17
Any-Ask563 Mar 23, 2026 +12
Exactly. Chaos is a ladder.
12
gristle_missle Mar 23, 2026 +81
Because then the only ones that can afford anything are the rich, so they can buy everything and rent it back to us.
81
pdxisbest Mar 23, 2026 +37
This is the classic oligarch transition.
37
Surreal__blue Mar 23, 2026 +12
When you want to apply the shock doctrine, but you don't have a calamity at hand, so you get into government and manufacture one.
12
TypicalRecon Mar 23, 2026 +28
Think roughly how Russia got its oligarchs
28
EroticFalconry Mar 23, 2026 +42
So billionaires can buy the whole lot back at fire sale prices and further consolidate their power and influence over the centuries to come
42
No-Neighborhood-3212 Mar 23, 2026 +33
Remember company scrip? They want to do that again, but with cryptocurrency. You'll live in your Walmart-branded home, which you rent from your Walmart employer, and pay for with your Walmart Coin. That way, if you turn down their "optional" 18-hour shifts, you also lose your ability to sleep with a roof over your head and buy food. And, oh, look: They're making homelessness an arrestable offense while the 13th amendment leaves slavery legal as a punishment for crimes.
33
DataDude00 Mar 23, 2026 +12
If the government fails spectacularly private industry and wealthy individuals will step in to buy everything and provide services at inflated cost
12
LastOfTheGiants2020 Mar 23, 2026 +10
It makes exports more competitive and imports less competitive. It's a mixed bag economically because it benefits domestic extractive industries at the expense of everything else.
10
Supreme_Salt_Lord Mar 23, 2026 +9
Yep. They get to buy everything for dirt c**** and run it. It doesnt matter to them if its all worse than before. They are in charge and will see no decrease on their end
9
G-Unit11111 Mar 23, 2026 +1201
Worst president ever. Worst House ever. Worst senate ever. Worst SCOTUS ever.
1201
Content-Fudge489 Mar 23, 2026 +361
Yes! But the 5 trans in the whole country will not be playing sports so there's that for a win.
361
Asleep_Management900 Mar 23, 2026 +25
I had a lady tell me 'but it's cause of Hillary and all the handouts we give to illegals' and NOT Hegseth's Hookers, Lobsters, Private Jets, or Noem's plastic surgery.
25
OneSeaworthiness7768 Mar 23, 2026 +30
>and all the handouts we give to illegals' People who say this know exactly zero about how any public service/program works. They’re just repeating the talking points that are fed to them. It’s maddening.
30
oicuvmch Mar 23, 2026 +63
Worst population ever.
63
KapahuluBiz Mar 23, 2026 +523
Here's some interesting information on our national debt and how we got to where we are (source: https://amarkfoundation.org/reports/u-s-presidents-and-the-federal-deficit/): >By looking at the federal deficit or surplus based on fiscal year, the data in this report show all four Republican presidents since 1980, with our methodology, increased the federal deficit during their time in office: Ronald Reagan had a 94% increase, George H.W. Bush had a 67% increase, George W. Bush had a 1,204% increase, and Trump had a 317% increase. >Both Democratic presidents since 1980 with completed terms decreased the federal deficit while in office: Bill Clinton had a 150% decrease to end his presidency with a federal surplus of $128 billion, and Barack Obama decreased the deficit by 53%. Joe Biden decreased the deficit by 50% in his first fiscal year, but his overall results are pending the end of his presidency. Although many Republicans like to pride themselves as "fiscal conservatives", they're actually not. Republican administrations spend a lot more than Democrats, and they collect less revenue. I laugh whenever I hear someone who leans right start to criticize Democratic spending, because it just shows how uninformed they are.
523
ledow Mar 23, 2026 +103
One party runs up the credit cards and then cries when the other party has to cut things to service that debt. Oldest story in politics.
103
Tiny_Structure_7 Mar 23, 2026 +3015
Current debt ($48T) is more than our GDP ($31T). That is alarming and hasn't been the case since 1946. [Source](https://paulkrugman.substack.com/p/more-than-you-wanted-to-know-about-982) We MUST stop letting republicans slash our revenues over and over and over for the filthy rich and corporate. The interest payments on this will spin out of control as our $ weakens further. And avoiding unnecessary one-man f****** WARS would help. It is dangerous to allow a very few get rich enough to BUY a congress or a POTUS/SCOTUS. Just look at what these filthy rich twats are doing now!
3015
vlatheimpaler Mar 23, 2026 +627
They also only want to slash spending like Medicare and social security, but they refuse to consider the defense spending (which has *never* been able to pass an audit). There likely need to be cuts and tax increases all around. It doesn’t need to solve the $48T debt but it needs to course correct so that this number starts going down.
627
TrumpetOfDeath Mar 23, 2026 +104
Inevitably Republicans will start whining about the deficit again when Democrats control the executive branch next
104
Euphoric-Witness-824 Mar 23, 2026 +27
For things like food for the hungry which is shown to be an investment in America. We get more value back than we spend. Same for Medicare for all. They block those things because they might reduce their wealthy friends stock portfolios not because they aren’t smart investments of our tax dollars.  Helping the wealthy and spitting in the face of the hungry and sick and poor is also the complete opposite of what a Christian nation would do but holy hell have the wealthy brainwashed people in this country to think the opposite is true. 
27
Hot-Mathematician691 Mar 23, 2026 +162
Also, the defense contracts, in many cases, don’t incentivize contractors to save money. They get paid a percentage of cost plus cost of goods sold.
162
Caveman-Ug Mar 23, 2026 +113
The longer they are in power, the more they work to rig the system to stay in power.
113
NotUniqueWorkAccount Mar 23, 2026 +22
All they need is a President that will let them buy pieces of the governm.... oh wait.
22
Affectionate_Link175 Mar 23, 2026 +104
Why people are not freaking out is beyond my comprehension... I guess if people don't see it on their social media feed they think everything is fine.
104
mike_b_nimble Mar 23, 2026 +38
Some of us are well aware of what is going on and have been screaming into the void about it for years. The problem is that until a critical mass of people feel this way there’s nothing for an individual to do that won’t get them killed or arrested. I write to my Congressman and Senators regularly, but they are Republicans and won’t stand up for what’s right. I vote in every election but my vote alone isn’t enough to make Republicans a non-viable party. So, I’m doing my civic duty, and I’m spreading the word, but short of taking matters into my own hands (which, again, will get me killed or arrested) there’s nothing else I can do. Freaking out all the time when there’s no substantive action to be taken is a waste of energy.
38
pianobench007 Mar 23, 2026 +23
3 wars in the middle east. That is the price we all have been paying. That is where our tax dollars have been going into. Instead of investments into America. Making America great again by making it affordable. Having public transportation system. Or any other solid investments. We Instead made war. 2 of which we haven't seen a single return from.  And now a third??? For what???
23
ringobob Mar 23, 2026 +49
Total debt doesn't matter. My total debt is higher than my annual income, too, and it's the same for most people who have a mortgage. What matters is total annual debt service payments. That's why I get to have a mortgage that's higher than my income - the yearly expenditure is workable, and it's not expanding. And that's where the problem is. Interest on debt relative to tax receipts is the highest it's ever been, and it's only going up. There's no plan to bring it down, and nothing that is planned should have that kind of impact on it, most everything Trump and the Republicans are doing only make that number go up, not down. So, we've definitely got a huge problem. But if you focus on total debt, and not affordability of debt, then you're buying right into the conservative framing that they've been using to attack social services for decades.
49
Antique-Front-3774 Mar 23, 2026 +937
I miss the time when republicans used to talk about $37 trillions debt.
937
porktorque44 Mar 23, 2026 +511
I hope you're excited to hear them talk about it non-stop if a democrat ever gains power again.
511
Asluckwouldnthaveit Mar 23, 2026 +91
It's going to cost the US so much to even fix the surface stuff that have been broken. Oh who am I kidding? Nothing will be fixed.
91
bk1285 Mar 23, 2026 +13
I mean the other option is they don’t try to fix it and as the former Goldman Sachs ceo said recently “tax me before the pitchforks come out” well the pitchforks may come out at some point soon
13
userhwon Mar 23, 2026 +20
The only do it to be alarmist. Then they get someone in the WH and try to add more to it than everyone before them, so it'll be alarming, so they can do it again.
20
pfannkuchen89 Mar 23, 2026 +14
Republicans have consistently been the ones to massively increase the debt while dems attempt to correct course for decades. It’s amazing how their idiotic voter base continues to believe their lies about it.
14
foreverabatman Mar 23, 2026 +225
The debt did not just appear because of social programs. It is decades of tax cuts tilted toward the wealthy, expensive wars, and a political refusal to raise enough revenue. The same people sounding alarms about debt often supported those policies. And every time this narrative shows up, the “solutions” seem to land in the same place: cut Social Security, cut Medicare, cut public spending. Austerity policies like these always hurt Americans. If the goal is actually long term fiscal stability, there are obvious alternatives that rarely get equal attention. Raise taxes on top incomes and corporations. Go after healthcare costs, which are a huge driver of spending. Invest in things that grow the economy like infrastructure, housing, and clean energy. Reevaluate massive military spending. The bigger issue is not just the size of the debt, it is inequality and political choices. Focusing only on debt without talking about who benefits and who pays just sets up another round of cuts to the social safety net while leaving the underlying problems untouched.
225
broguequery Mar 23, 2026 +33
The widespread suffering you will see in the US if Social Security and Medicare are cut will be... nothing any of us has witnessed in our lifetimes.
33
SlumdogSkillionaire Mar 23, 2026 +184
> First, Congress should pass the bipartisan H.R. 3289 — Fiscal Commission Act, sponsored by Rep. Bill Huizenga (R-MI), Rep. Scott Peters (D-CA), and 41 co-sponsors. Such a commission would force a public reckoning with the facts, the trade-offs, and the hard choices that restoring fiscal health requires. > Second, Congress should call an Article V Convention limited to proposing a fiscal responsibility amendment to the U.S. Constitution. H.Con.Res. 15, sponsored by Rep. Jodey Arrington (R-TX), would do exactly that. Yeah, sure, let's call a constitutional convention so that Republicans can fix the debt. I see no risk here. /s
184
The_Lost_Jedi Mar 23, 2026 +33
Yeah - they say it would be limited, but there's no actual ability to enforce that. Once you start a constitutional convention, that convention can propose whatever it wants. I suppose the states wouldn't have to ratify anything, but still, the notion of "limiting" it is... yeah.
33
MaxGoldFilms Mar 23, 2026 +30
Any mention of a Constitutional Convention is a trap. Period. It would NOT stay limited. It's a Project 2025 wet dream.
30
CategoryZestyclose91 Mar 23, 2026 +14
Yep, it’s what they want.  They need to change the Constitution. This is a way to do it.
14
X57471C Mar 23, 2026 +10
Yep, the authors of this article probably know exactly what they are suggesting, too. It's pretty clever. Start talking about it like it's the solution to the debt crisis. Who doesn't think that the government should be required by law to follow sound fiscal policy? Yeah, let's add that to the Constitution! Oh, wait, the convention is controlled by fascist traitors that hate the Constitution? F***.
10
AbsoluteRubbish Mar 23, 2026 +68
> the hard choices that restoring fiscal health requires Thats funny, because there's some pretty easy choices that 99% of people should support if they didnt have their collective heads up capitalists' asses
68
__Geg__ Mar 23, 2026 +19
What hard choices? Tax the rich.
19
StaleCanole Mar 23, 2026 +624
**The government did not declare the US insolvent.** The writer did. And he makes that claim in a hypothetical by treating the US government as an individual household "Most people cannot relate to trillion-dollar figures on a government ledger. So consider this: divide every number by 100 million — drop eight zeros — and federal finances look like a household budget in freefall. That household earns $52,446 and spends $73,378 — running a $20,932 annual deficit. Its total liabilities and unfunded promises amount to $1,361,788 against just $60,554 in assets, leaving it $1.3 million in the hole. Uncle Sam, by any accounting standard, is insolvent."
624
TheWatersOfMars Mar 23, 2026 +224
>Congress should call an Article V Convention limited to proposing a fiscal responsibility amendment to the U.S. Constitution. H.Con.Res. 15, sponsored by Rep. Jodey Arrington (R-TX), would do exactly that.  >Modeled on Switzerland’s Debt Brake, such an amendment would mandate a balanced budget over the business cycle and prohibit federal spending from growing faster than the U.S. economy. Yeah, this whole article is an ad for Republican legislation to slash social services. Much like the Oscars now asks the Academy to actually watch the movies, I wish Reddit could force you to read the article before you upvote it.
224
Philo_T_Farnsworth Mar 23, 2026 +52
> Article V Convention I was reading the article with a skeptical eye, but I literally laughed out loud when I saw those three words and read no further. Laughable for sure, though.
52
MaxGoldFilms Mar 23, 2026 +18
100%. I had the same reaction, chortled, and said 'oh f*** no' out loud at a coffee shop. It's a trap.
18
ninjapro98 Mar 23, 2026 +14
Honestly even just the ability to not allow people to comment and upvote until they click on the article would stop so much of these BS articles that get pushed on here
14
mu_zuh_dell Mar 23, 2026 +11
For those curious about how this would play out: New Jersey's state constitution has a provision that limits the deficit. When Chris Christie was governor, he had legislators slash taxes, f****** the budget... Which gave him broad powers to balance it, which he did in part by f****** public pensions, which was his goal all along.
11
MARIOpronoucedMA-RJO Mar 23, 2026 +49
Which is wrong. Government accounting is different from personal and business accounting. First, debt needs to be removed from the balance sheet equation for government balance sheet. Immediate bond payments are the main concern with interest rates increasing making interest on debt a concern. Next, our social services are not payments or debt. They are money people have given to the government which the government is acting like as a fiduciary. This is no different than a bank deposit and should be treated as such. Finally, there are diminished returns from raising and lower taxes. The middle class taxes are reaching the maximum amount of returns while the Epstein class is not even contributing effectively as a percentage of wealth. There is plenty of revenue from our aristocracy but economist are paid to aviod this conclusion. In short the author is full of shit and creating a disingenuous narrative of the failed trickle-down (Austrian School) economics.
49
oZiix Mar 23, 2026 +39
This has traction in this sub simply because of the headline. The author is a fiscal conservative. By using insolvency the author is sounding the alarm for cutting social programs which is the conservative view. But because this sub thinks the headline makes trump look bad that's all that matters.
39
Emosaa Mar 23, 2026 +7
Yep. The author is some Reagan business crank who's probably just interested in cutting and privatizing social security.
7
Redshirt_Welshy_Nooo Mar 23, 2026 +100
I'm sorry, is your household _not_ a fiscally sovereign national entity?
100
Nanojack Mar 23, 2026 +62
I do not live in a household, it is a sui juris private domicile and I, the flesh and blood representation of the legal entity Nanojack, am merely travelling. Your courts have no jurisdiction over my domicile and person, since your flag has the gold fringe of a maritime ensign.
62
Redshirt_Welshy_Nooo Mar 23, 2026 +18
Fiscally sovereign citizen. Also > You're a crook, Captain hook! I hope they throw the book!
18
vicvonqueso Mar 23, 2026 +20
And here I am beating myself up over being a few thousands dollars in debt
20
Wandering_butnotlost Mar 23, 2026 +195
Quick! Cut the taxes of the 1%!
195
Waramp Mar 23, 2026 +81
Trickle down on me daddy!
81
justwannaedit Mar 23, 2026 +44
Seems like a great position from which to launch an optional war
44
jimbis123 Mar 23, 2026 +46
Here's a novel idea... raise the f****** taxes on the richest people who've unequally benefited from other people's labor and tax loopholes for 60 years....
46
dwhiz Mar 23, 2026 +21
Unreal. Clinton cheated on his wife and got impeached and this moron is quite literally ruining the US and it’s history and its totally normal. What world are we living in at this point. This guy needs to go
21
InTheHamIAm Mar 23, 2026 +17
Obama was running for office one of the biggest talking points from the GOP was how “ democrats have run our national debt up to $2 trillion” Both Clinton and Obama either completely eliminated or reduced national debt by the end of their term
17
MrsClaireUnderwood Mar 23, 2026 +12
Conservatives have destroyed the financial, social, cultural, educational future of this country. They should be deported into the sun.
12
PlatformVarious8941 Mar 23, 2026 +11
Big 18th-19th century Spanish Empire vibes here
11
jarchack Mar 23, 2026 +13
British Empire, Russian Empire, Roman Empire, you name it. I think we're on about stage 6 of the 7 stages of collapsing empires.
13
olyfrijole Mar 23, 2026 +11
Naturally, Fortune paints this insolvency as the result of "entitlement" programs without saying peep about the trillions we've spent on [forever wars for the last 35 years](https://www.us-debt-clock.com/blog/effect-of-wars-on-us-national-debt). And they're called entitlement programs because it's our f****** money. Our money that was supposed to be there for us to retire in a modicum of comfort. Instead, politicians have been scheming to use our contributions to fund their pork barrel spending, gorging the military industrial complex. They have the gall to ask us for more, but will blame us when they run out again. Crackhead economics.
11
monkeysknowledge Mar 23, 2026 +29
I hate when idiots say shit like this: > That household earns $52,446 and spends $73,378 — running a $20,932 annual deficit. Its total liabilities and unfunded promises amount to $1,361,788 against just $60,554 in assets, leaving it $1.3 million in the hole. Uncle Sam, by any accounting standard, is insolvent. There’s one huuuuuuuge difference when comparing household debt to US debt - the US prints money your household doesn’t. The problem is *the reasons we’ve accumulated so much debt*. The neocons and neoliberals are going to blame all the wrong things. They’re going to blame granny’s meager social security payments and single mom’s SNAP benefits, they’re going to blame our attempts to heal the sick and feed the poor and *ignore the warmongering, the bloated billionaires, and the wanton corruption*. It makes sense for the US government to run a deficit, that’s expected but WHY we run the deficit is the problem. If we ran the deficit to rebuild our crumbling infrastructure or refactor our fossil fuel energy consumption into green energy or otherwise *invest in things that grow our economy* vs *wage war and bloating billionaires* then the deficit would be manageable.
29
AdHopeful3801 Mar 23, 2026 +10
> The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025. If it's just a straight balance sheet reading, the US has been insolvent for going on 50 years now.
10
willismthomp Mar 23, 2026 +11
And just like that He has bankrupt the country
11
patti2mj Mar 23, 2026 +10
Maybe the government should stop buying Starbucks and avocado toast.
10
mustangjunkie66 Mar 24, 2026 +1
The media didn’t miss it, they’re totally state run media at this point
1
Newbergite Mar 23, 2026 +7
The oligarch-owned media didn’t miss it - they just don’t want to talk about it.
7
Chaos_Theory1989 Mar 23, 2026 +8
Lol. Merica. Don’t worry everyone, Trump will just increase taxes on the bottom 99%! 
8
SilentRunning Mar 23, 2026 +1
This authors solution... Austerity commission to cut every social service to the bone or eliminate it completely. and calling for a Constitutional Convention to create an amendment that would to cement all the cuts in place and make sure socialism never takes hold in the USA. Unregulated Capitalism got us here but legalized authoritarian policies will keep us there.
1
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