Peter St Onge, Ph.D.
@profstonge · Dec 4, 2023
Americans are "slaves" to the federal debt.
Interest on federal debt now soaks up 40% of income tax — by far the largest part of federal revenue. Toss in new debt and it’s closer to 80% of income tax.
All while sky-high interest rates automatically grow debt interest day by day
Elon Musk
@elonmusk
Yeah, this is crazy
02:43 PM · December 4, 2023 · 85.9K views
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