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[–] 1 pt (edited )

Biden is "proposing" WW3.

Just in case these corrupt retards have some hidden modicum of wanting to do the right thing buried deep within their crack-nests, I'll spell it out for them.

US hegemony is failing. This is what allowed the government to spend so much. The hegemony caused other nations to see our T-bills as a "safe haven" asset. This provided support for the value of the US Dollar. That's no longer the case. Xi and Putin were very public about it last week.

Now that demand for T-bills is on the wane, we need to dial back spending. Increasing taxes will decimate what remains of the US's GDP, leading to even less tax money, and the potential for revolt in the US populace as standards of living plummet as hyperinflation ensues.

We need to stop all foreign aid, end foreign conflicts. cut back defense spending, focus on growing business domestically, and make energy cheap in order to facilitate growth.

If we increase taxes while our hegemony falters, it's going to collapse the US economy while leading us to a bunch of wars, likely WW3.

If we dial back spending drastically and focus on building industries and innovating, we can come out of this well off. We'll need to stop importing hordes of low-IQ immigrants though. They will be nothing but a drain on a post-AI, post-robotics economy.