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mapontosevenths11/04/20251 replyview on HN

On October 22nd the US national debt passed $38 trillion, a record number. That is the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic. We only hit $37 trillion in in August.

Further, unless you are in the top .1% of earners, or you live on tips (I somehow doubt there are many stippers on HN) your taxes will not decrease as a result of any of Trumps "cuts".

In short, you have been lied to and are celebrating unnecessary cruelty for the sake of cruelty which will save you personally $0.00 and which only further increases America's debts.

Worse the ridiculous tariffs are pushing us toward a recession that only AI investment has forestalled. AI investment now represents the single largest investment of capital in human history, and if that bubble bursts we will enter into what could potentially be the worst economic collapse in not only American history, but human history.


Replies

buellerbueller11/04/2025

Only "stippers" live on tips? What an awful, misogynistic take.

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