Post
Topic
Board Economics
Re: US Americans can now donate towards reducing national debt via Venmo
by
Synchronice
on 25/07/2025, 17:22:38 UTC
https://newrepublic.com/post/198329/venmo-pay-national-debt

The Trump administration offers new way for Americans to donate their funds towards reducing the national debt.
Such program existed from before and a few millions have been donated in the last 25 years. But the debt is up to the trillions.

This is a new sign of desperation, using a bill splitting/quick money tip app for the government to accept donations...
If only any administration would be so decisive against inflation too it would be amazing. Instead we only see such things when the government wants help and not when the people need help most.
What a funny and unserious way to reduce a national debt. The US debt is $36 Trillion. One billion dollar is equivalent to million dollars multiplied by millions. The US population is 300 million. Has anyone done the math? Does anyone really think that this way the US national debt will be reduced? How many Americans will really donate money daily, weekly or monthly? I feel like 90% of people will ignore it and won't donate and the rest will donate a tiny amount of money. It's a huge disrespect that the government asks the society to pay for their mistakes and extravagant life. Crazy dude prints billions of dollars and then asks people to pay it for their country, it's crazy!