Setting aside the sheer logistical impossibility of financing the federal government through tariffs alone, it is unclear what exactly would be achieved.
They didn’t have a massive SURPLUS when they made the fund. They made a conscious decision to tax and create a new revenue source that made them a debt free nation they are today, something we could do here, but not at that scale or expecting the same results because the US is a much larger country, by not coddling the balls of corporations and the ultra wealthy or if the US wants to “drill baby drill”, tax and regulate the new sources of oil and create a SWF.
But again, you seem to completely stuck on the myopic view point of just saying the US has debt hence the US cannot create a SWF because of credit card debt.
And again, plenty of examples of nations that have national debt and deficits but still have and fund a SWF.
Anyways, this conversation is going absolutely nowhere so have a good day.
They didn’t have a massive SURPLUS when they made the fund. They made a conscious decision to tax and create a new revenue source that made them a debt free nation they are today, something we could do here, but not at that scale or expecting the same results because the US is a much larger country, by not coddling the balls of corporations and the ultra wealthy or if the US wants to “drill baby drill”, tax and regulate the new sources of oil and create a SWF.
But again, you seem to completely stuck on the myopic view point of just saying the US has debt hence the US cannot create a SWF because of credit card debt.
And again, plenty of examples of nations that have national debt and deficits but still have and fund a SWF.
Anyways, this conversation is going absolutely nowhere so have a good day.
wut, you’re the only one trying to make a comparison between credit card debt and the national debt. They aren’t comparable things, FYI…