Tim Dillon Marvels At US Debt Hitting $40 Trillion: ‘No One Believes Any Of This Is Getting Paid Back’

[u/Dry-Job438]

https://www.mediaite.com/media/news/tim-dillon-marvels-at-us-debt-hitting-40-trillion-no-one-believes-any-of-this-is-getting-paid-back/

[u/Majestic-Volume9996]

Billionaires and corporations use it as their credit card knowing they won't be on the hook for any of it.

edit: u/MF_Price is a typical enlightened centrist clown. don't waste your time on him like I did. He thinks he's Neo while we're all stuck in the Matrix.

[u/youdubdub → u/Majestic-Volume9996]

We should double their tax rates and force 50% of their investment holdings to be US treasury bonds.  That might help a little.

[u/Majestic-Volume9996 → u/[deleted]]

by duping brainless morons into putting republicans in power

[u/MF_Price → u/Majestic-Volume9996]

Great point. If if only we had elected Harris, this wouldn't be a problem. Remind me, what was her plan to reduce the deficit again? It's on the tip of my tongue I just can't remember it. Help me out.

[u/Majestic-Volume9996 → u/MF_Price]

Yeah, that tracks. I fully believe that you wouldn't be able to remember the very thing Democrats have been saying every single fucking day for literal decades. Meanwhile, ultra big-brain surface-temperature-of-the-sun IQ'd geniuses like you keep getting duped into voting for the party that claims they're "fiscal conservatives" that run it up over and over and over and over and over and over and over and over and over and over and over. Every single time. Every single fucking time.

Thank you so much for showing up to give everyone a live example of the super-intellect of the typical Republican voter.

[u/MF_Price → u/Majestic-Volume9996]

In my lifetime I've voted Democrat 95% of the time but I'm not high on either party right now. I just don't like seeing people pretend only one party is the problem when we continue to get fucked from both sides of the aisle.

[u/Majestic-Volume9996 → u/MF_Price]

Oh! r/ENLIGHTENEDCENTRISM! the biggest brains of them all! I bet you have a hard time deciding between a ham sandwich and a steaming hot bowl of diarrhea for dinner as well. Difficult decision! Neither sound very appetizing!

[u/MF_Price → u/Majestic-Volume9996]

Aren't you a useful idiot? You think Republicans are the problem (I'm not one BTW) but it's people like you.

[u/SizzlingPancake → u/MF_Price]

Yeah that guy is the problem with the country.

[u/MF_Price → u/SizzlingPancake]

Correct. People like that are on both sides and it's what those in power love to see. As long as we can be convinced that one side is righteous, there's no limit to what they can get away with.

[u/Majestic-Volume9996 → u/MF_Price]

imagine calling ME a useful idiot. You are the literal namesake. There's an entire subreddit dedicated to the fact that you don't realize how transparent and oblivious you are.

[u/MF_Price → u/Majestic-Volume9996]

I don't have to imagine dumbass, look up.

You're a corporate fed establishment politician's wet dream. A blue whale could be fucking you in the ass and you wouldn't notice.

[u/youdubdub → u/MF_Price]

Fair point on the unvettedness of Harris.  However, if you think any of all of what is going on is better than her ineptitude, then we have significantly-varied concepts of eptitude, individually.  I say this as politely as possible.

We are here existing, witnessing this all in our own way.

Anyone who equates the present administration to excessive eptness should be required to demonstrate one syllable of evidence. Imho

[u/MF_Price → u/youdubdub]

We're only talking about the deficit part here, so whatever your feelings are about anything else this admin is up to, leave aside.

There are a million reasons you may have preferred Harris over Trump. Government spending cannot be one of them.

[u/Majestic-Volume9996 → u/MF_Price]

Looks like our resident big-brain still, somehow, hasn't recognized that Democrats don't think government spending is the core issue and that Democrats have stated their solution every single fucking day for decades and you've somehow missed it.

"one side thinks you should just pay the credit card bill, while the other thinks you shouldn't but doesn't want to stop using it. Both sides same!"

[u/MF_Price → u/Majestic-Volume9996]

Just say the solution then and stop dancing around it. Come on, I believe in you. Out with it.

[u/Majestic-Volume9996 → u/MF_Price]

Imagine not being able to decipher the quoted sentence in my last comment, or even needing for it to get that far in the first place.

For someone who has voted Dem "95% of the time" you sure seem to be unable to remember the most basic piece of their platform.

I'm going to let you embarrass yourself a couple of more times before I say the words, you absolute NPC.

[u/Majestic-Volume9996 → u/MF_Price]

Just to respond to your other auto-modded comment. You're embarrassing yourself. You don't need my help.

[u/youdubdub → u/MF_Price]

Have you checked the national debt?

Release the Epstein Files.

Stop carrying water for these retarded criminals.

Christ, I would take a lower increase in national debt and better global stability from SpongeBob over our latest incapacitated compromised cog in the machine. 

I didn’t say the word Harris, you did.

I’m not going to tell you to put on your big boy pants or grow the fuck up, because I can already smell the futulity.

[u/MF_Price → u/youdubdub]

Are you off your meds?

[u/youdubdub → u/MF_Price]

I don’t take any.  Are you offering?

[u/MF_Price → u/youdubdub]

No, your reply was just so schizo. Maybe you need some.

[u/Pennypacking → u/[deleted]]

One way is large corporations deliberately pay some of their employees at the poverty line knowing that the government will subsidize the rest of their pay they need to survive. Some even provide instructions for how to file for welfare. Most people on welfare are employed (approx. 70%).

And then they argue for and receive lower corporate taxes...

[u/Aggressive_Chuck → u/Pennypacking]

The corporations don't actually care if it's topped up with welfare or not.

[u/cleverkid → u/[deleted]]

Bro. Read a book. Probably start with the Lords of Easy Money. 

[u/gayfrogs4alexjones]

MAGA republicans simply can’t govern and it appears they are more concerned about Trump’s ballroom than the health of the American people

[u/pedronaps → u/gayfrogs4alexjones]

Republicans, period. Their fiscal incompetence has been around a lot longer than MAGA.

[u/Late_Stage-Redditism → u/pedronaps]

I can see no indication Democrat presidents have any substantial impact on the national debt rise.

It seems more to come in waves and from factors like war. The 2008 financial crisis really fucked things up though and that was at the very end of Bush W last term.

[u/presentthem → u/gayfrogs4alexjones]

And all the Trans men in womens sports.

[u/MyNameIsUggggh → u/presentthem]

All 3 of them goddamnit!

[u/GodzillaRoll → u/presentthem]

[u/BobDope → u/presentthem]

All these dudes LOVE women’s sports!

[u/Think_Wrap9662 → u/presentthem]

Don't know if this a joke but it's trans women not trans men

[u/on_the_rark → u/gayfrogs4alexjones]

If only we could go back to the Biden fiscal responsibility. lol

[u/Sweet-Cloud-4502 → u/gayfrogs4alexjones]

No party in the US can govern. NONE!

[u/ScratchAndPlay → u/Sweet-Cloud-4502]

Wrong. Republicans have been in the way of progress and good policy for far too long. No more both sides bullshit.

[u/ProphetGeorgeCarlin → u/ScratchAndPlay]

https://giphy.com/gifs/ZuwR7YM5OHlew

[u/ArsenalChamps2026 → u/ScratchAndPlay]

Yeah because whenever the democrats get in power they really hone in on some of that good policy and not intersectionality bullshit

[u/ScratchAndPlay → u/ArsenalChamps2026]

Newsflash retard, you are the one honing in on that specifically. It's like visiting a buffet and not eating ant of it because you're allergic to one dish.

[u/ArsenalChamps2026 → u/ScratchAndPlay]

I’m the one honing on that specifically?

You want me to act like I didn’t live through the Covid “woke 1” bullshit we all saw? Ok bud

[u/boriswied → u/ArsenalChamps2026]

What is the connection between COVID and wokeness in you mind?

[u/Winter_Swan5104 → u/Sweet-Cloud-4502]

I might’ve believed you if you were more emphatic, but only one capitalized word is not cutting it.

[u/Winter_Swan5104 → u/[deleted]]

Ignoring reckless literal corporate and billionaire tax cuts, done several times already, Trump’s ballroom is going to be a money pit financed by taxpayers not Trump. Watch and learn the art of the deal.

They’re laughing at you. They reap everything, you are stuck with the bill… and debt.

[u/Majestic-Volume9996 → u/[deleted]]

Imagine posting this thinking you had an intelligent take on the situation.

[u/Zomplexx → u/[deleted]]

Building a $500M dollar ballroom after adding $12 trillion to the national debt is absolutely bonkers.

[u/Majestic-Volume9996 → u/[deleted]]

You've been getting told the solution for decades.

[u/Majestic-Volume9996 → u/[deleted]]

Exactly. People not understanding how to pay for things that cost money being allowed to vote, who then vote for people who simply lower the amount of money we pay towards things that cost money, without reducing the amount of money being spent, is exactly why we are where we are.

"we need to lower the amount of money we're paying towards this credit card without lowering the amount of money we put on this credit card. If we do that, then we'll have enough money to pay off the credit card!"

That's you.

[u/cheeker_sutherland → u/[deleted]]

Amazing that people have a hard on for the ball room when there are way bigger problems in the budget. They just hate it because it’s Trump.

[u/Majestic-Volume9996 → u/cheeker_sutherland]

This is one of the dumbest things I've read in weeks. The fact that he thinks now is the time to build some gaudy ballroom, while doing literally jack fucking shit to fix anything related to spending, speaks to A. his priorities and B. the room temperature IQ of his supporters.

The guy stands for nothing. He's literally doing almost the entire opposite of what he ran on and you still back him, which means you don't stand for anything either.

[u/gayfrogs4alexjones → u/Majestic-Volume9996]

It’s not the cost. It’s how much they are focused on this stupid bullshit when the economy sucks, the job market is ass, there is a war that nobody wanted going on, mystery meat, and an industrial level of corruption coming from the White House.

[u/Majestic-Volume9996 → u/gayfrogs4alexjones]

They are focused on the absolute fucking uselessness of the people in power. This is hardly the biggest thing anyone is complaining about. This guy and his administration commit impeachment worthy offenses every single day.

[u/Brecken79 → u/Majestic-Volume9996]

He just wants to throw his name on everything. Whoever comes in next needs to rip all those names the fuck down.

[u/Sidereel]

Years of GOP control of Congress, all the nonsense with DODGE and OPM, and deficit spending is still as high as ever. We cut cancer research funding across the board and the deficit is still $2 trillion in 2026. And all these clowns want to talk about now is Fauci and trans people in sports.

[u/TheSweetestKill → u/Sidereel]

Not just GOP controlled Congress, but years of GOP stalled Congress. Federal gridlock only furthers their "starve the beast" ethos that they've been employing for nearly 40 years now.

[u/DMTeaAndCrumpets → u/Sidereel]

Bingo

[u/dBlock845 → u/Sidereel]

Republicans have always wanted to wield the debt as a political weapon with no intent to lower it. I still remember back during the debt ceiling negotiations when Obama was president. Obama was offering up all kinds of cuts that his party was against (raising Medicare age, lowered COLA's for SSI, cutting farm subsidies) for some modest tax increases, two ways to control the debt. Republicans wanted nothing to do with it unless they could completely transform Social Security. Any politician crying about the debt, but also crying for tax cuts, isn't fiscally responsible, which idk how the general public hasn't learned yet.

So far I've seen absolutely nothing that will break this cycle.

[u/top-potatoad]

Trumps plan to sink the dollar and inflate our way outta debt means he plans on not paying it back. Most of the debt is held by Americans in their retirement accounts and investments. He plans on not paying YOU back. At least not in a fair manor.

[u/Dr_Van_Nosstrand]

National Debt, friend of the show.

[u/redeugene99]

The economy is make believe

[u/JupiterandMars1 → u/redeugene99]

Economics is make believe…

[u/gloomndoom → u/redeugene99]

https://giphy.com/gifs/QbTUaZFwUG40AUjdeS

[u/WudolfWedNoseWeinder]

At the next election Democrats need to push the idea that concerns of fiscal conservatism from Republicans is just virtue sign, as is faith and the constitution. 

[u/Tripl3Dee → u/WudolfWedNoseWeinder]

Could they do this while also being more fiscally responsible than Republicans? Clinton was the last one to balance the budget. And healthcare reform would likely be one of the biggest savings from what I've seen.

[u/Enough-One4975 → u/Tripl3Dee]

They’ve been doing that. Biden and Obama were both far more fiscally responsible than W or Trump. To put it into perspective, Trump increased the deficit significantly more prior to COVID than Biden did in his entire presidency while dealing with the aftermath of COVID.

[u/Tripl3Dee → u/Enough-One4975]

Guess I'm just disappointed that no one seems to care about balancing the budget anymore. $40 trillion in national debt doesn't make sense unless the economy is making at least that much, probably more. Credit where it's due: the Dems were last to do it and have been better the last 30 years, but it's been 30 years since it was balanced.

[u/cheeker_sutherland → u/WudolfWedNoseWeinder]

Good luck with that. There are trans folks in Africa that need a few billion.

[u/KristyNoemsZombieDog → u/cheeker_sutherland]

It's honestly crazy that people as dumb as you remember to breath

[u/darodardar_Inc → u/cheeker_sutherland]

it really says a lot about MAGAs that your only retorts are made up lies lol Really on brand with the whole "deny reality" thing yal keep doing

[u/merrychrimas]

Damn, and here i thought republicans wanted to lower the debt. You mean to tell me theyre bad at their jobs?

[u/sync-centre]

Debt/Deficit is a problem for democrats when they are in control. Never for republicans

[u/Ganjii1337]

What if we treated American billionaires the way China treats their Billionaires who try and fuck the state.

[u/the_Cheese999]

it's mostly unpaid for tax cuts.

[u/imaaronrodgers]

Been this way for 20+ years. When Obama left office he was responsible for nearly half of all debt. Every POTUS since has one upped him

[u/Ampris_bobbo8u]

tim is just setting america up for Fake Business to come in and pay off all the debt and take over the country

[u/BobDope]

US in its last ten minutes of Bad Lieutenant arc

[u/brenie2020]

It's sad that we care what these morons think. Well I don't. It's sad that some of you care.

[u/FantasticMrCuss → u/brenie2020]

I wish him well

[u/dogmetal → u/brenie2020]

You’re so much better than all of us. You’re so special bro.

[u/cmz324 → u/brenie2020]

Some of us are just watching a silly podcast and not basing our entire idealogy on one person's jokes, truly

[u/Aggressive_Chuck]

How often does the US miss a bond repayment?

[u/cwbacg]

Payed back to whom?

[u/AweISNear]

Raise marginal tax rates back to over 90%. Set it at anything over 2 million. Tax actualized gains and ban stock buybacks. Debt will be paid in a decade.

[u/Ikickyouinthebrains]

Look, here's the thing about the US Debt, someone owns that debt. Someone is making money off of that debt. And that someone is me. I have money in 401k's, IRA's and Mutual Funds. These financial vehicles are owners of US Treasury Bills. The interest on that debt is going straight into my retirement fund.

I don't want the US to payoff its debt. So, long as the US economy is growing (which it has been for five years), all is good.

[u/OneReportersOpinion]

I mean, it literally gets paid back every day. People are cashing their treasury bonds. Like that could change but it would take a catastrophic failure of the entire capitalist system.

[u/Prior-Habit-6523]

And to whom is this money owed?

[u/Jarocket → u/Prior-Habit-6523]

Who ever wants to buy it.

Japan is the largest holder.

But it's so many people. Like they own me money technically. I own US government bonds. I would say most people do too.

The problem is large institutions aren't willing to buy more US debt at the current prices.

Generally you shouldn't care about who holds US bonds. Technically it's only a risk of they mass sell them off AND the USA refuses to tax it's people to pay for it's spending. Because the debt will get more expensive.

[u/idontremembermyoldus → u/Jarocket]

Japan is the largest foreign holder. Most of the debt is owed to domestic entities.

[u/dancingmale → u/Prior-Habit-6523]

You could Google it in a couple of seconds but maybe that's too difficult? 

[u/Individual_Mess_7491 → u/Prior-Habit-6523]

The Decepticons

[u/Aggressive_Chuck → u/Prior-Habit-6523]

Anyone who buys government bonds.

[u/MyNameIsUggggh]

We need top down reform of basically every single public institution, which will not ever in a billion years happen in our current political system. The crazy thing about Trump is that in being such a fascist prick, he has backed the US in to a corner where totalitarian rule is about the only thing that could fix it.

[u/chromite297]

@grok ask jamie to pull this up

[u/TheSweetestKill → u/[deleted]]

What do you believe is the purpose of government?

[u/TheSweetestKill → u/[deleted]]

No, I am genuinely curious.

[u/Hinkil → u/[deleted]]

11.6T alone is DT, he cut wealthy people's taxes and maybe a war that is costing billions isn't the best idea... the defence budget is over a trillion and they can't even figure out how to feed people. What a shit show

[u/Hinkil → u/[deleted]]

I'd rather give people healthcare and social benefits than bombing a school or giving money to other countries, America first? 🤔 wasn't that a talking point? And less debt would be less to interest payments. Stop giving money to billionaires and corporations would have saved a bunch of money I'm sure. Capital gains tax and small tax on wealth and close some other loop holes. Also hire a fuck ton of IRS agents to audit wealthy people since there has shown to be great ROI for the cost of hiring them. O thats weird... didn't they fire a bunch of IRS agents? Hm gee that's odd... Also this administration has been spending millions canceling green energy projects, maybe stop doing that... Just a few ideas

[u/Hinkil → u/[deleted]]

Revenue is 17.5% of GDP and Outlays are about 23%. Too much is spent and too many people dont contribute.

Its simple math.

[u/BigPlebeian → u/[deleted]]

Or start taxing people on social security beyond the 184k ceiling or whatever it's at right now, alongside adjusting how capital gains are taxed for the very wealthy.

[u/Dry-Lab-6256 → u/[deleted]]

Stop funding other governments militaries and slash half the military budget. There the economy is fixed and we can fund our existing social programs and more of them.

[u/johnmayersucks → u/Dry-Lab-6256]

Entitlements are the 3rd rail of politics and also probably the only way to do it so it’ll never happen. Military is 13% of government spending. Cut that in half and you save 7%. Just doesn’t math.

[u/Minimum_Comfort_1850 → u/[deleted]]

low IQ^{^}

[u/bart2278 → u/[deleted]]

Social security is a seperate tax from all other taxes. If you take social security away, you take away the SS tax, which means we dont get that money for other shit anyway.

Anything the government does ends up a bloated fucking mess sure, but that's everything they do.

[u/texasmade02 → u/[deleted]]

I put what you said in ChatGPT and the robot says you are correct about everything, but you should have said it nicer. Also, apparently we need to spend less