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RE: LeoThread 2025-06-27 17:52

in LeoFinance4 months ago

The national debt has become a tool for financial exploitation of the people.

"Interest on the debt now surpasses $1 trillion annually—exceeding defense spending—while Congress continues to pile on $2 trillion in new debt each year,

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outpacing economic growth. If this trend isn’t reversed soon, the nation’s debt and deficit will seriously undermine funding for essential government functions.

Yet these deficits are deemed 'essential,' providing lawmakers a convenient way to avoid tough decisions while increasing spending—a strategy that benefits political heavyweights at the expense of struggling citizens, particularly the

economically disadvantaged who suffer most from the resulting inflation."

This relentless cycle inflicts undue hardship on those already bearing the burden, as lavish spending by elected officials is rewarded by the media and any effort

to reduce expenses is harshly criticized.