Because the federal government creates money ex nihilo and can always service its debts when it chooses.
You paying into it has nothing to do with its solvency.
Beehaw's community for socialists, communists, anarchists, and non-authoritarian leftists (this means anti-capitalists) of all stripes. A place for all leftist and labor news and discussion, as long as you're nice about it.
Non-socialists are welcome to come to learn, though it's hard to get to in-depth discussions if the community is constantly fighting over the basics. We ask that non-socialists please be respectful and try not to turn this into a "left vs right" debate forum by asking leading questions or by trying to draw others into a fight.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
Because the federal government creates money ex nihilo and can always service its debts when it chooses.
You paying into it has nothing to do with its solvency.
How do Americans come up with such crazy theories? Do you, guys, have schools? Any education?