Andrew Sullivan asks…

who owns the debt?

Jason Peters relays facts collected by Harper’s Index:

— Seventy-one percent of current U.S. debt was accumulated during Republican presidential terms.

— Two-thirds of debt-ceiling elevations since 1960 have been signed into law by Republican presidents.

— In 1961 the percentage of corporate profits paid in taxes was nearly forty-one; now it is less than eleven.

— Seventy-five percent of the increase in corporate profit margins since 2001 has come from depressed wages.

About the author

Harry is a ferociously good natured eccentric in Duluth Minnesota who detests traitors dressed up as Uncle Sam. You can find somewhat better edited writings of his at the Duluth Reader "contributors." page. The URL is:

https://duluthreader.com/contributors/h/84/284-harry-welty