Whose Debt Is It Anyway?
📰 THE STORY: The Hill 's opinion piece argues that the federal debt is a 'stealth tax' on every American, warning of rising household interest costs and suggesting an impending financial burden on ordinary citizens. 🔍 WHAT THEY'RE NOT TELLING YOU: Historical Context: In 2003, the U.S. embarked on the Iraq War based on fabricated WMD claims, a war that ultimately cost taxpayers an estimated $2.4
trillion, according to Brown University's Costs of War Project. This monumental expenditure, alongside other military adventures like the 20-year Afghan War ($2.3 trillion), is a primary driver of the very debt they're now decrying. Yet, these 'costs' are rarely framed as 'stealth taxes' when the bombs are falling. Double Standard: While The Hill frets over 'household interest costs,' it remains
conspicuously silent on the astronomical profits reaped by military contractors and financial institutions that fund and benefit from perpetual wars and economic instability. When working families struggle with medical debt or housing costs, it's 'personal responsibility.' When the government funnels trillions to the elite, it's 'national security' or 'economic necessary.' Follow the Money: The
very 'interest costs' highlighted are paid to entities that purchase government bonds—often major banks, investment firms, and foreign governments. These same entities, and their executives, are significant donors to political campaigns and lobbyists. The $1.3 billion in annual U.S. aid to Sisi's Egyptian dictatorship, for example, which directly helps maintain the Gaza blockade, contributes to