05-03-2023, 07:26 PM
Mr645 wrote:
The country is broke, $32 trillion in debt, we have to stop spending. 8% of all federal income goes toward interest on the debt. Time to tighten the belt
Our annual GDP is $23 trillion. What you're saying is that we should move out of the family home because the mortgage is 40% greater than our family income?
Lots of folks are financed into homes that are integer multiples of their annual income - e.g 3x to 5x is a common range.
This is a false flag argument!