The U.S. national debt is now larger than the economy as a whole, hitting levels not seen since the aftermath of World War II, new data has revealed. Figures released by the Bureau of Economic Analysis Thursday place the total debt held by the American public at $31.27 trillion as of March 31. Meanwhile, the country’s nominal gross domestic product was estimated at $31.22 trillion, meaning the national debt as a percentage of GDP stands at 100.2 percent, putting it on course to challenge the historic 106 percent recorded in 1946 during demobilization. The debt stood at 99.5 percent of GDP at the end of the 2025 fiscal year in September, revealing how quickly it has climbed.
Cutting Billionaires in half won’t solve the issue. They have stocks, houses, boats, cars ect, but virtually no cash. Even if we tried to sell all the assets who would buy them?
Without billionaires to suck the country dry it will naturally heal. Its not an instant solution but sustainable at least.
But what have they taken that would help us?
That’s why you seize the means of production. All the fake monies with made up number then do not matter anymore.
But how does that help the common person? You just turned the fake money into no money, and real money stayed the same.
It’s worth a try. We can’t afford any such accumulation of wealth and the power and influence that comes with it. Assets can go into the public hand, I don’t mind if that is managed by democratically elected representatives that are not corrupted like the majority in government now.
I’m all for it, but I just don’t see how it would benefit us in a meaningful way.