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National debt nears $40 trillion: How we got here and why it matters (www.pbs.org)
submitted 4 days ago by [M] to c/news@lemmy.world
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The national debt is expected to hit a record high as soon as this week, crossing a major threshold of $40 trillion. Congressional correspondent Lisa Desjardins explains why that milestone is a warning sign for many economists.

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[–] 61 points 4 days ago* (last edited 3 days ago) (2 children)

This article's title is a lie. It did not address how we got here.

I can tell you how we got here, at least the largest portion: Our oligarchs got tax cuts passed for themselves and routed money to their pockets. That'll be the single largest bit.

Beyond that? Dunno. Crises hurt, yes. Wars also hurt.

Corruption is a huge one.

But NPR PBS wussed out on calling Republicans out. I was expecting them to be "both sides', but beyond a little mention of Republicans in a very general small way, they didn't do what the title said they would do.

A rare, shitty NPR article.

Be better on this.

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  • [–] 10 points 3 days ago

    A rare, shitty NPR article.

    NPR was nerfed decades ago by Republicans. Same problem in Canada, CBC is pure garbage now because they are more concerned about their budget than offending any political party, so we get gardening shows.

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  • [–] 8 points 3 days ago*

    A rare, shitty NPR article.

    I know what you meant, but to clarify for like 80% of the /c/news comments section's audience who don't read beyond the headline in favor of learning what they should think from the top comment, this is PBS News Hour, not NPR.

    (Also not an article; it's a transcript of a newscast.)

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