> USA racks up debt at fastest rate ever thanks to Trump’s lavish and absurd spending

Another day in paradise as the poors get fuqed and I get richer.
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What's actually shut down?  It didn't stop Treasury from giving Argentina $40B.

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It CAN be fixed

Emigrate

I moved to switzerland, married a swiss hen, will soon get swiss citizenship and will then cancel US citizenship and thereby say goodbye to the debt burden

Fuq USA

Horrible country, absolute shythole, disgusting population

Sounds like you are sorely lacking in the blessings and strength of DIVERSITY! We will be glad to send 10-20 million of them to help!

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How are you dealing with the exit tax?

It is a non-material issue

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No one is serious about the debt/deficit, and now it's too late - there's literally nothing that can be done about it.  The only possibility is that AI supercharges productivity (which it could).  Short of that, it's inevitable that the US will collapse in this century.

I use to be a fiscal hawk, but it's futile now - why care about something that can't be fixed?  So yes, more tax breaks please so I can maximize my personal net worth and leave the country when the end is near

No. Computers continue to reduce real world productivity every day. AI will accelerate that. Its all garbage in garbage out with the operator asleep at the wheel. There is no quality control and everything now is garbage compared to 20 or 30 years ago.

I say this from the engineering field where CAD supposedly gave us great efficiency. All it did is cause government to require 100x as much crap and to expect random do overs on a weekly basis.

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The US treats any unrealized cap gains as realized gains on the way out - they mark-to-market everything above $2m, and you basically have to hand over 40% of all your property before you leave.  The only way it's "non-material" is if you're worth less than $2m, and no one who is emigrating to Suisse is going to get in with an estate that small.

Internet pwnage.

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https://apnews.com/article/trump-treasury-debt-ceiling-bessent-09575f13ca95c2f1beb38234b2cbe85b

In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet.

It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic — the U.S. hit $37 trillion in gross national debt in August this year.

So this is the paradise Baggers talk about every day? Debt, debt, and more debt?

Fagger source. Didn't read.