From Reddit Threads to Real Policy: What Could Actually Fix the US $38 Trillion National Debt?
It’s been several days since the US national debt surged past $38 trillion, igniting heated discussion online both among the general population and economists. On several subreddits, users are weighing in, with ideas ranging from radically practical to politically naive, but highlighting nonetheless just how divided public sentiment is around one of America’s biggest fiscal challenges.
Reddit’s Prescriptions: Tax, Cut, Repeat
Not surprisingly, the r/economy subreddit was the most active one when it comes to this topic, prompting a lot of community members to share their thoughts (and frustrations as well). For instance, one top-voted comment laid out a fairly blunt prescription, saying: “First, you have to balance the budget and not allow to ‘overspend’. Then, you need to raise taxes, probably a specific tax dedicated to reduce the debt.“
Another commenter…
Read The Full Article From Reddit Threads to Real Policy: What Could Actually Fix the US $38 Trillion National Debt? On Coin Edition.
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From Reddit Threads to Real Policy: What Could Actually Fix the US $38 Trillion National Debt?
It’s been several days since the US national debt surged past $38 trillion, igniting heated discussion online both among the general population and economists. On several subreddits, users are weighing in, with ideas ranging from radically practical to politically naive, but highlighting nonetheless just how divided public sentiment is around one of America’s biggest fiscal challenges.
Reddit’s Prescriptions: Tax, Cut, Repeat
Not surprisingly, the r/economy subreddit was the most active one when it comes to this topic, prompting a lot of community members to share their thoughts (and frustrations as well). For instance, one top-voted comment laid out a fairly blunt prescription, saying: “First, you have to balance the budget and not allow to ‘overspend’. Then, you need to raise taxes, probably a specific tax dedicated to reduce the debt.“
Another commenter…
Read The Full Article From Reddit Threads to Real Policy: What Could Actually Fix the US $38 Trillion National Debt? On Coin Edition.
Read More
Why HYPE Long Traders Should Worry About $24 Million Liquidations