Elizabeth Warren's Plan To Pay For Medicare For All: Spend So Much The National Debt Clock Rolls Over To Zero
Once the counter rolls over, it will then be important for the country to immediately stop overspending so as to not just end up back in the same situation, but Warren expressed confidence that “we can stop any time we want.”
remember...you can vote yourself into socialism (slavery), but you have to shoot your way out of it...
However, don't be surprised if the next US President is a failed Canadian artist with a silly mustache who yells a lot.
If you hold the Constitution to be valid then there is arguably an obligation to pay. Section 4 of the 14th Amendment says the debt "shall not be questioned" -- which sounds like a nasty speech restriction rather than a promise to pay!
But in reality, I don't think it can ever be paid except by inflating it down to nothing. Or perhaps we'll get into a stupid war with Russia and China and repudiate specifically the bonds they hold. Only, what if they win?
I am inclined...
For citizens, we have Free Emergency Medical! If tragedy strikes, we are covered with what our medical industry handles best: Trauma.
If it's lifestyle related... Not covered, and we allow insurance to DENY paying benefits (without expensive riders) for lifestyle diseases (like T2D, Obesity, etc).
Because those 2 items alone will bankrupt us in 40-50 years if we dont get a handle on it.
And the ONLY way to do that, is to STOP Paying for the progression we see today!
Literally talked to an obese elderly man who said "Yeah, but my medicines are cheap enough... So why change?" (And that's the problem)
$52 trillion and that doesn't just make you vomit? Anyone even thinking about voting for this type of sheer idiocy should be sent to go live in Cuba for a couple of years - and I don't mean at the US Embassy. (Of course we could use them as guinea pigs to see if the Cubans really were targeting our people there with sonic devices...)