>The current debt (whatever its size happens to be in the fiction being spun) will be paid off at the bills' rates and on the statutory schedules. Period.
Your blood pressure issues notwithstanding, I don't think you believe that the US can possibly default or renege in any way on its debt, so there may not be a point in going on. History has run this experiment before and sovereign nations absolutely can default and/or renege on debt obligations. I certainly hope we don't see that in the case of the US. But I'm also not irrational enough to believe it's impossible.
>Yes, the US government is going to pay off that debt. Which is why they were able to borrow it in the first place.
There may come a time when the interest on the debt becomes so out of control that it cannot be serviced, likely in conjunction with people dumping bonds and leaving interest rates soaring. Meaning, America's credit goes up in flames. We're obviously not there yet and maybe it will never happen. That said, remember when Trump backed off extreme levels of the "Liberation Day" tariffs? Real fears of bond-dumping seem to have a lot to do with the more measured (relatively-speaking) approach to tariffs we're now seeing. If debt holders dump the 10-year bonds enough, it causes real issues for debt repayment.
Anyone who owns US treasuries. That may be you. But I am sure many here own US debt. Institutions and sovereign entities own quite a bit. The US Social Security Trust Fund is a major holder as well.
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Kirk went on to say, “And by the way, if some amazing patriot out there in San Francisco or the Bay Area wants to really be a midterm hero, someone should go and bail this guy out … Bail him out, and then go ask him some questions.”
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One can argue that we're only seeing the beginning of the destruction. The economic policies of this administration could take years to be fully realized. That also means that, unfortunately, it will take years to repair the damage.
The manner in which Harris got the nomination, deciding at the convention, isn't atypical and was the norm in earlier American history. The party decides how this goes. There is nothing Constitutionally-mandated about how they do it.
>I'm talking about him in relation to Usain Bolt. The latter is yet to be caught doping (if he is on juice to begin with).
Of the top men's 100m runners (in terms of times) only a few escaped the testing dragnet unscathed, one of which is Bolt. As entertaining as Bolt was to watch I have little faith that he was clean at his peak.
>Shouldn't even be considered due to his history with doping.
People are naive about how much sports are riddled with PEDs. It certainly isn't just Tyson Gay. You only know about the ones who get caught. But there is enough info out there to suggest that getting caught is just a matter of slipping up.
This reminds me of how annoying it is that Apple News+ can't be bundled at a lower tier of Apple One. It only comes bundled with the Premier level, at least in Canada.
The 747 still has demand as a cargo plane. I bet we see them flown for a long time to come, with most remaining passenger configs gradually being converted to cargo.
You don't need them, but they do make things easier for a lot of people. With Android, at least, you can do plenty from the command line if that's your jam.
They've been far too slow to respond to Twitter/X's missteps to be able to take advantage. Threads won that race by a wide margin, even if it is still relatively lacking in features.
Your blood pressure issues notwithstanding, I don't think you believe that the US can possibly default or renege in any way on its debt, so there may not be a point in going on. History has run this experiment before and sovereign nations absolutely can default and/or renege on debt obligations. I certainly hope we don't see that in the case of the US. But I'm also not irrational enough to believe it's impossible.