this post was submitted on 01 May 2026
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Microblog Memes
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Spending spree, and all we got was:
Economic Recovery (Stimulus): The primary focus was the American Recovery and Reinvestment Act (2009), which aimed to boost the economy through infrastructure investment, job creation, and tax cuts.
Healthcare Reform: The passage of the Affordable Care Act (ACA) (2010) was a signature priority, designed to increase health insurance coverage.
Energy and Environment: Significant investments were made in clean energy, renewable energy, and energy efficiency programs, including the "smart grid".
Education: Funding was prioritized for education reforms, including student aid reform and bolstering K-12 education.
Infrastructure and Manufacturing: Initiatives like the Transportation Investment Generating Economic Recovery (TIGER) program focused on infrastructure, alongside tax incentives for domestic manufacturing.
Middle-Class Tax Relief: The administration enacted various tax breaks for small businesses, veterans, and workers to strengthen the middle class.
And the price was the future...
Absolute nonsense. Government debt has little real-world impact on future outcomes, at any level. The deliberate plundering and rigging, however ...
Yeah sure. Tell that to Greeks circa around 2013. Funny how that turned out for them
"Greece faced a sovereign debt crisis in the aftermath of the 2008 financial crisis. Widely known in the country as The Crisis (Greek: Η Κρίση, romanized: I Krísi), it led to impoverishment and loss of income and property, and forced the government to carry out a series of sudden reforms and austerity measures.[5][6] In all, the Greek economy suffered the longest recession of any advanced mixed economy to date and became the first developed country whose stock market was downgraded to that of an emerging market in 2013"
https://en.wikipedia.org/wiki/Greek_government-debt_crisis
Thanks for proving the point that there was never any debt crisis in the United States