$1.4Trillion in one year is a disaster.  The national Debt is now over $31Trillion.  With increased interest rates the cost to carry that $31 Trillion is now approaching a $trillion a year. If you confiscated 100% of the wealth of the top 100 Billionaires, you would barely cover the interest payment for one year.

$1.4Trillion in one year is a disaster.  The national Debt is now over $31Trillion.  With increased interest rates the cost to carry that $31 Trillion is now approaching a $trillion a year. If you confiscated 100% of the wealth of the top 100 Billionaires, you would barely cover the interest payment for one year.

user
yes
assistant