The article explores widespread myths about the national debt, particularly during politically charged times marked by misinformation and propaganda. It highlights how misinformation is often propagated by opposition parties when legislation affecting the federal budget is introduced. The article debunks the myth that the national debt is divided among citizens by explaining that Americans are not responsible for repaying the debt directly, emphasizing that effective strategies for debt reduction include cutting military spending and increasing taxes on the wealthy and corporations.
The common myth that national debt is divided among Americans is misleading; citizens don't service the debt directly nor are they solely responsible for its repayment.
Cutting military spending and increasing taxes on the wealthy and corporations are seen as effective means to reduce the national debt, challenging prevalent misconceptions.
Collection
[
|
...
]