The national debt is expected to hit a record high as soon as this week, crossing a major threshold of $40 trillion. Congressional correspondent Lisa Desjardins explains why that milestone is a warning sign for many economists.
The national debt is expected to hit a record high as soon as this week, crossing a major threshold of $40 trillion. Congressional correspondent Lisa Desjardins explains why that milestone is a warning sign for many economists.
No, don’t you realize that cutting childhood vaccine programs is NEEDED. If we don’t let these children get sick and develop lifelong illness that prevent them and their parents from working and bringing in tax revenue then… wait a second, that doesn’t sound right…
Well, what we really need to do is cut down the IRS. All those agents are just budget bloat. We can go without them investing tax evasion and bringing in revenue… wait a second…
We’ve had empirical evidence as early as the 70s that investment in ourselves is a huge boon to the economy but people still don’t want to see that. If I remember correctly, every 1 dollar invested in early childhood education programs returns 7. Cutting isn’t just bad in the short term, it’s a compounding issue that makes future revenue lower. The military really is one of the few things it makes sense to say we should cut as a blanket statement.