You can’t use your GDP to pay off debts. Wouldn’t it be better if we used how much % of a goverments budget goes towards servicing debts?

  • RightHandOfIkaros@lemmy.worldEnglish
    0·
    4 months ago

    Because none of the tax revenue actually goes to paying off debt. There isn’t much left after it gets past all the politicians shoveling it into their own pockets.

    • sunzu2@thebrainbin.org
      0·
      4 months ago

      Most money goes into owners’ pockets, politicians are cheap whores. Pay them 1 million, get back 50m in some welfare