Geoffrey Miller on Twitter: "The pandemic may increase US federal debt by $6 trillion. That's largely debt that 71 million Millennials will 'pay off', over the coming decades, via reduced gov't services & increased taxes. We're saddling every American Millennial with an extra $85,000 in gov't debt.… https://t.co/ogcyZ866pS"

@primalpoly

Psychology professor; wrote The Mating Mind, Spent, Mate, & Virtue Signaling. Agnostic centrist into evolution, sex, sentience, freedom & future.

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‏Verified account @primalpoly

The pandemic may increase US federal debt by $6 trillion. That's largely debt that 71 million Millennials will 'pay off', over the coming decades, via reduced gov't services & increased taxes. We're saddling every American Millennial with an extra $85,000 in gov't debt.https://twitter.com/steve_hanke/status/1254835704053379072 …

Prof. Steve HankeVerified account @steve_hanke

My good friend @CatoEdwards estimates that the #COVID19 crisis will add $6 trillion to federal debt. As they say, we have a little problem. Money doesn’t just grow on trees. Every dollar borrowed has a cost. https://www.cato.org/blog/crisis-may-add-6-trillion-federal-debt …

11:38 AM - 27 Apr 2020

41 Retweets
195 Likes

44 replies 41 retweets 195 likes

1. 4 more replies
1. Bogdan Mendryshora‏ @BMendry Apr 27
  
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  Good thing they got 1200 bucks amirite
  
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1. John Butler‏ @johnbutler88 Apr 27
  
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  Yeah but we all got $1200 checks so it’s really only $83,800...right?
  
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1. James Tiberius Stone‏ @Evolving_Ego Apr 27
  
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  Then let's make sure we spend that $6 trillion well.
  
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1. Ricky 'Dark Psychic Force' Roma‏ @RickyRoma0 Apr 27
  
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  no, not 'the pandemic', it's the response to it
  
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1. Jason Hornbuckle‏ @JasonHornbuckle Apr 27
  
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  Replying to @primalpoly @HaugenATX
  
  the pandemic didn't do that, the government did it
  
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1. I, Paradox‏ @balanceduality Apr 27
  
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  time for a debt jubilee
  
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1. Stranded‏ @sergiez Apr 27
  
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  Nobody ever pays off US Federal Debt.
  
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1. Fear Is Not Panic‏ @FearIsNotPanic Apr 27
  
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  The real travesty is that the actual people are going to see less than 10% of that $85,000 themselves. It was unavoidable that we would have to spend a ton of money in this scenario. We didn't have to hand it to corporations though.
  
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