RE: Lol, or buy US treasuries to help the US finance, through debt, what it can’t finance through domestic production and government receipt.
The problem then is TOO MUCH SPENDING. the government spends too much, exceeding the value of our domestic production.
But the transnational corporations have done more than their part to keep government spending always increasing. Trade policies and the export of thousands and factories and millions of jobs to cheap labor nations has added greatly to the cost of the government’s means tested poverty programs.
And businesses are also happy to hire the cheapest labor available domestically, legal or illegal, and have the taxpayers, present and future, pick up much or all of the medical expense and parts of other living expenses of their cheap workers.
And our real unemployment is around 20%, and has been for several years. Articles have been posted at FR within the past year about how in 20% of US families, no one has a job. And about how one in five US heads of household is on one or more means tested poverty programs.
There are many policies that have caused the ever growing spending, and trade and immigration policies are two are the biggest reasons. And business benefits from both of those.