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0 sats \ 0 replies \ @Bell_curve 21 Jul \ on: Who owns the US debt and how Bitcoin can fix it? bitcoin
It’s true debt will never be paid off but we shouldn’t worry about debt or deficits. The main focus should be on government spending, how can we cut current and future spending.
Current spending for the current fiscal year is almost 7 trillion. COVID created a new baseline.
Medicare and Medicaid should be separate items instead of combined. The reason is one is an entitlement, the other is a handout. Easier to eliminate handout than entitlement