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submitted 2 months ago by monica_b1998@lemmy.world to c/world@lemmy.world
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[-] OfCourseNot@fedia.io 77 points 2 months ago

interest payments on the debt are expected to exceed $1 trillion this year

If my finger-counting math is right ye yanks, on average (including children), are paying ~$250 a month just in interests... I ain't no economist but that seems like a lot.

[-] fahfahfahfah@lemmy.billiam.net 40 points 2 months ago

Gets worse when you realize it’s mostly the middle class paying it

[-] OfCourseNot@fedia.io 67 points 2 months ago

There's no such a thing as 'middle class'. The working class is paying all of it.

[-] fahfahfahfah@lemmy.billiam.net 15 points 2 months ago
[-] evenglow@lemmy.world -4 points 2 months ago

It's not fair. It's reality and exactly by design. It's always been a class war and rich people have been winning for a very long time.

[-] fahfahfahfah@lemmy.billiam.net 12 points 2 months ago* (last edited 2 months ago)

I meant them correcting me saying “middle class” is fair

[-] otter@lemmy.dbzer0.com 5 points 2 months ago
[-] evenglow@lemmy.world -3 points 2 months ago
[-] Taldan@lemmy.world 1 points 2 months ago
[-] otter@lemmy.dbzer0.com 0 points 2 months ago

They have no chill. 🫣🤷🏽‍♂️

[-] jaybone@lemmy.zip 2 points 2 months ago

Is that a you, Mario?

[-] graycube@lemmy.world 14 points 2 months ago

If we get some crazy inflation that won't be more than the price of a cup of coffee.

[-] BananaOnionJuice@lemmy.dbzer0.com 27 points 2 months ago

Let's go for coffee I'm buying

10000322371000032237

[-] FosterMolasses@leminal.space 2 points 2 months ago

Hahaha oh god...

[-] douglasg14b@lemmy.world 13 points 2 months ago

It's actually worse than this if you just consider the number of working adults.

Which is about 165 million.

Which means every working adult is paying ~$500/m just on the interest.

Which.... Isn't working, at all, the US is cooked.

[-] Taldan@lemmy.world 1 points 2 months ago

The only good jews is the working class has already been squeezed really hard. We can't support that debt. The wealthy are going to have to start chipping in

I know in being optimistic here, but it's possible for another FDR-type era

[-] FudgyMcTubbs@lemmy.world 2 points 2 months ago* (last edited 2 months ago)

The only good jews

The only good WHAT?

[-] UnspecificGravity@piefed.social -2 points 2 months ago

Its less when you realize that the debt is mostly held by American investors.

[-] Taldan@lemmy.world 1 points 2 months ago

Makes me feel so much better knowing my hard-earned money is going to wealthy Americans /s

The working class is who pays disproportionately high taxes. The wealthy are the ones holding large numbers of bonds

this post was submitted on 10 Mar 2026
833 points (99.1% liked)

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