‘Nato’s going to become very strong with us,’ says US president, as secretary general calls him ‘daddy’

  • RedPandaRaider@feddit.org
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    3 days ago

    Why is that insane?

    No one says you can’t also raise the state budget in general. No one says you can’t make new debts to pay for it.

    Neoliberals have simply manufactured too much consent to normalize austerity and demonize deficit spending.

    • 5714@lemmy.dbzer0.com
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      3 days ago

      Where should the 200-300 billion for Germany for example come from? Don’t say debt, because that is not answering the question since it is not sustainable.

      • RedPandaRaider@feddit.org
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        3 days ago

        Debt is sustainable as long as it doesn’t outpace GDP growth. Debt is how the world has run since global markets and capitalism. Only since the rise of neoliberalism have debts been cursed and politicians would rather let their countries stagnate with a lack of investments.

        If you really want more income, you can always squeeze the super rich and multi-national corporations. And prevent them from leaving the country with draconic punishments. One thing that China does well in that regard is that any billionaire who does not follow, will be disappeared. That is the only way to treat those thieves.