logoalt Hacker News

readthenotes1today at 4:38 PM1 replyview on HN

"China is building for the future, "

Meanwhile, the USA is paying for its past excesses, with interest on its debt being the number two most expensive line item in the budget.

https://fiscaldata.treasury.gov/americas-finance-guide/feder...


Replies

delfinomtoday at 4:54 PM

Yea, I really don't see how much longer the US economy can hold on. The baby boomers are working overtime to rob multiple future generations of opportunity to feed their profits now.

The formerly "fiscal conservatives" that I know are working overtime explaining how the debt isn't a bad thing and we can just move numbers.

show 1 reply