I think at some point, people will think that loaning more money to the U.S. is not such a good idea. At that point the U.lS. influence and power will collapse in on itself.

As ti stands the U.S. can't even manufacture most components and parts of its own weapons... it has all beeen outsouced.

Who do we owe all this money to? If every country is in debt to every other country then isn't all just one big academic lie?

If any independent citizen ran their finances as their governments do - most countries would be full of bankrupts

Rough calculation if everthing remains same as in 2018-2019 year: 130 million employed, median income $56k, which has estimated taxes of ~$10k. So the government collects about 1,300,000,000,000 or 1.3 trillion...for 2018 the IRS reported 1.7 trillion collected.

The debt is 22 trillion. Even of we used 3/4 of our tax revenue it would takes 22 years. That's with 0 interest per year. 90% of the debt is owed to US citizens, most of which are 10-year T-bills, a portion of which mature each year and which the US must pay. The interest is about 3-5%.

As long as people believe the US will be around long-term to pay it debts, they will invest in t-bills and the U.S. will have some money to (plus some money in taxes) to pay of the debt.

Now anyone can buy T-bills if legally allowed in thier own country. So others can invest money in the US, and if the administration is smart (lol!) It will invest the money in government programs that will increase the country's GDP enough such that it will increase tax revenue enough to pay off the debt when the t-bill matures.

So far the economy is doing well, but we are spending way too much on social security, medicare, medicaid as people live longer than originally predicted and medical costs rise. So if we can reduces such spending we can pay off the mandatory interest and a portion of the debt and be slowly on the way to eliminate the debt in a few decades.

So it is in the interest of the US to educate and ensure each employable person can maximize their income, thus maximizing taxes. If people become satisfied with lower income, the government may have to increase taxes on middle class to compensate for the low income to maintain the same tax revenue.

So in a strange way the best way you can help the US defeat the debt is start a long-term success company, have many employees, pay your employees well, vote for competent officials (hahaha!) who will run the country to efficiently provide services with low losses and invest money in American entrepreneurs to increase tax revenue, and lastly invest in US bonds so that US can use that money to make good investments.

Thats what should happen...but bad and unregulated business practices can destroy the economy to put money in the hands of a few who use loop holes to not pay taxes. At that point the citizens suffer and the US government suffer due to bad business.

So also vote for regulating businesses such as banks, environment, manufacturing... Etc.

If the majority of US citizens decide to pusue this, I wouldnt be too worried about the debt, pending no other disasters!