The Alliance for Responsible Citizenship
@arc_forum
"Any great power that spends more on interest payments on its debt than on defence will not be great for long."
@nfergus
explains at ARC 2025 that worryingly the US now falls into this category and that this "sends a signal of weakness" to the "axis of ill will".
https://x.com/arc_forum/status/1891583572789604766
First time since 1934 we spent more on interest payments on public debt than defense
When you hear that the national debt is a national security threat, this is what they mean. Covid, thanks to China, really threw off a lot and spending levels went haywire.
The billions to illegal immigrants, Ukraine, student loans bailouts (not billions, hundreds of millions), and Biden’s build back better spending bill (2.2 trillion and growing).
Not only was it poor policy choices but it could wreck the world economy.