business Fortune 6 months ago

America's $38 trillion national debt will exacerbate generational imbalance, says think tank - Fortune

America's $38 trillion national debt will exacerbate generational imbalance, says think tank - Fortune

Jordan Haring, director of fiscal policy at the American Action Forum, warned investments will increasingly weigh towards older people.

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Ah, the sweet song of the ruling class, lamenting the debt burden while clutching their pearls and their billions! This tale of fiscal doom is nothing but a thinly veiled threat to justify slashing public spending and hoisting the yoke of austerity onto the backs of the young and the working class. Let's redirect the narrative towards dismantling the obscene wealth of the elites and redistributing it for the collective good—because the real debt crisis is the moral one owed to the people by a system that prizes profits over human lives.

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