Talk of The Villages Florida - View Single Post - At what point does debt become unsustainable?
View Single Post
 
Old 07-05-2024, 01:51 PM
Stu from NYC Stu from NYC is offline
Sage
Join Date: Feb 2020
Posts: 15,298
Thanks: 1,263
Thanked 16,271 Times in 6,377 Posts
Default

Quote:
Originally Posted by LeRoySmith View Post
The federal government collected nearly $4.5 trillion in revenue in fiscal year 2023. They spent ~$6.2 trillion in FY 2023. This is not a one or the other party problem, its an all government and all citizen issue.

Who can spend more than they make year after year and stay solvent?
Who in their right mind thinks this is 1 little tiny bit ok?
Which is why it is pathetic we keep reelecting the same people who caused this problem