• Smuuthbrane@sh.itjust.works
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    1 month ago

    $88B/mo would buy at least 180 GWh of solar farm capacity, which would power approximately 50 million homes, and have a functional life of a generation. So the entire USA could be solar powered with less than one year’s worth of debt interest payments.

  • John@lemmy.ca
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    1 month ago

    there’s no possibility of bankruptcy, all the fiscal deficit is newly-created money. Somewhat to stop interest rates from collapsing to zero or negative, inflation control, but mostly its an enormous subsidy to the financial system…which benefits…ding ding ding…the super rich!

  • fox2263@lemmy.world
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    1 month ago

    It’s as if the administration is wholly incompetent, root and stem. Like they only got their positions due to influence, corruption, money and Epstein adjacency.