America Deserves To Default
It is what we have earned for ourselves
5 min readJun 1, 2023
According to estimates by the US Treasury, the United States is just days away from defaulting on its massive debt obligations. If you are surprised to hear that, you shouldn’t be. This annual (and sometimes biannual) ritual has been going on for years. The US spends too much money, doesn’t collect enough taxes, and then raises the debt ceiling to…