Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 5 days agoELI5 the US debt/budget and how come it seems like I give you 10 dollars and I get two back? I just don't get how its not a regular checking acount situation? How can we be trillions in debt?message-squaremessage-square16fedilinkarrow-up128arrow-down14
arrow-up124arrow-down1message-squareELI5 the US debt/budget and how come it seems like I give you 10 dollars and I get two back? I just don't get how its not a regular checking acount situation? How can we be trillions in debt?Don_Dickle@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 5 days agomessage-square16fedilink
minus-squareDon_Dickle@lemmy.worldOPlinkfedilinkEnglisharrow-up1arrow-down1·5 days agoI give you 10 dollars you give me back 2. So that means I am 8 dollars behind since i just gave you my ten.
I give you 10 dollars you give me back 2. So that means I am 8 dollars behind since i just gave you my ten.