r/US_public_debt

Let’s be honest for a second: the U.S. debt didn’t just appear. Politicians cut taxes for the wealthy and big corporations and told the rest of us not to worry. But think about this—if the U.S. had kept a real wealth tax and a corporate system closer to Germany’s since 1993, there wouldn’t be a $38.5 trillion debt today. Instead, there’d be a $60 trillion surplus. So why are we still defending this mess, and who benefits from pretending it can’t be fixed