Row 5254

Row ID: 5254 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 5254 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

> Our economy is teetering on an edge right now, sending billions to other countries seems like a terrible idea.

That is exactly the point. the US isn't sending money to other countries. Passing a Ukraine aid bill doesn't actually give them dollar bills. It's money that the government invests in the American economy.

We're not giving them a check and telling them "to buy whatever you want". We're forcing them to buy OUR stuff.

Of course, you could say "We shouldn't invest so much into the military-industrial complex! We need to invest more in education, healthcare services, or other sectors that benefit the average Joe". And that's a totally valid point. But it's not an economical argument.

> it's adding billions to our national debt

So what? Debt doesn't mean anything if the economy is growing at the same rate. But on top of that, the word debt doesn't mean anything to the US because the Dollar is the global reserve currency. If the US runs out of money, they can just print more (like they've done many times already)

It's also important to note that the biggest creditors of the US debt are domestic investors - not foreign countries. One sector's spending is another sector's income. So if the US government doesn't take debt, that means that the private sector is taking debt (because it must all zero out)

If the government reduces their debt, it means that the private sector has accumulated more debt in return

FieldValue
text > Our economy is teetering on an edge right now, sending billions to other countries seems like a terrible idea. That is exactly the point. the US isn't sending money to other countries. Passing a Ukraine aid bill doesn't actually give them dollar bills. It's money that the government invests in the American economy. We're not giving them a check and telling them "to buy whatever you want". We're forcing them to buy OUR stuff. Of course, you could say "We shouldn't invest so much into the mi…
label r/propaganda
dataType comment
communityName r/propaganda
datetime 2024-04-28
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Raw Record

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  "text": "> Our economy is teetering on an edge right now, sending billions to other countries seems like a terrible idea.\n\nThat is exactly the point. the US isn't sending money to other countries. Passing a Ukraine aid bill doesn't actually give them dollar bills. It's money that the government invests in the American economy. \n\nWe're not giving them a check and telling them \"to buy whatever you want\". We're forcing them to buy OUR stuff.\n\nOf course, you could say \"We shouldn't invest so much into the military-industrial complex! We need to invest more in education, healthcare services, or other sectors that benefit the average Joe\". And that's a totally valid point. But it's not an economical argument.\n\n> it's adding billions to our national debt\n\nSo what? Debt doesn't mean anything if the economy is growing at the same rate. But on top of that, the word debt doesn't mean anything to the US because the Dollar is the global reserve currency. If the US runs out of money, they can just print more (like they've done many times already)\n\nIt's also important to note that the biggest creditors of the US debt are domestic investors - not foreign countries. One sector's spending is another sector's income. So if the US government doesn't take debt, that means that the private sector is taking debt (because it must all zero out)\n\nIf the government reduces their debt, it means that the private sector has accumulated more debt in return",
  "label": "r/propaganda",
  "dataType": "comment",
  "communityName": "r/propaganda",
  "datetime": "2024-04-28",
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