American Debts

70% of our inflation is Corporate greed right now. That’s a swag number, but it’s not us saying so—it’s economists. The U.S. economy is at a point where corporate greed is a leading factor driving the pain we’re seeing, but some would like you to believe that it’s in the hands of politicians.

It’s a misdirect. There are people right now that can't get a minimum-wage job or at just one, anyway. They have to have multiple. And here we are, talking about not paying what the constitution (by amendment) says we must. And I quote from the Economist magazine:

Section 4 of the 14th Amendment says the “validity” of America's “public debt…shall not be questioned”. The clause was born of a concern that members of Congress from southern states might refuse to repay Civil War debts incurred in fighting the Confederacy.

How does that relate to inflation and minimum wage? Well, according to the Wall Street Journal, merely the standoff could start a global recession, and we all know how it goes. It ain’t gonna be the folks at the top who bear the brunt of it. Older people and poorer people, some working two or three jobs to make ends meet, are going to suffer when the global economy goes belly-up. We're already a country where people can't take vacations, and even on their vacation time they still work. Here’s the kicker: the debt ceiling was raised three times under the previous president without any caveats. We’re just a bunch of former Marines, but we kind of think we should fix the debt ceiling first, and once it’s cleared, then we start negotiating new spending.

Because doing it this way not only appears to be unconstitutional, but it’s going to literally get people killed.