Can we expand the state’s role in the economy while diminishing its capacity for war?
Tag: Balanced budgets
NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War
This is a clip from our show SYSTEM UPDATE, now airing every weeknight at 7pm ET on Rumble. You can watch the full episode for FREE here: How Endless War Bankrupted the US While Inflicting Mass Suffering at Home. Plus: Macron Threatens Internet Shutdown & Update on US Govt’s Private Data Purchases | SYSTEM UPDATE #111
NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War via Glenn Greenwald
Related:
America Is Living on Borrowed Money
America’s Wars and the US Debt Crisis
Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis
Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis
The United States faces a default on its debt in early June if a deal on the debt ceiling is not reached between the Biden administration and Republicans in Congress before then. House Speaker Kevin McCarthy is pushing for sweeping budget cuts and new work requirements for recipients of government programs, including Social Security, Medicare, Medicaid and SNAP. Notably, however, neither Republicans nor Democrats are proposing cuts to one of the biggest drivers of the nation’s debt: the massive U.S. military budget. “We’ve got to get this military-industrial lobby under control, but it’s hard to do, because it’s a bipartisan affair,” says our guest, economist Jeffrey Sachs, whose recent article is headlined “America’s Wars and the US Debt Crisis.”
Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis
Previously:
The War in Ukraine Was Provoked—and Why That Matters to Achieve Peace
Ms. Cat’s Chronicles 