The same con artist who managed to bankrupt a casino where "the house always wins" just bankrupted the United States of America.

Everything Trump Touches Dies (ETTD) including empires, economies, and countries.

https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/

The Treasury just declared the U.S. insolvent. The media missed it

The Government Accountability Office can't even verify the books. Here's what Congress must do.

Fortune

@danwentzel unfortunately this article is pulling a switcheroo on you.

While the numbers it’s quoting may be accurate, the conclusion it draws is not supported. If you look closely, it’s an opinion piece which is advocating for two specific Republican bills that, based on the language in the article, would cut social welfare programs.

This is an example of manufacturing consent. Fear-mongering about national debt in order to justify a desired outcome.

@Haste

I always thought anything that said 'pretend the government was your home budget' fell into the "simple, straightforward and wrong" bucket of lies they use to sell 'austerity' to idiots. This is another one of those, isn't it?

@danwentzel

@Orb2069 @danwentzel I’m not an economist, so while that is my current understanding as well, I don’t feel confident asserting it.

There’s plenty to chew on regarding the article’s vested interest so I just left that alone. :P