
Libertarian Party of Multnomah County
11.1K posts

Libertarian Party of Multnomah County
@MultCoLiberty
Working toward more liberty for all people in Portland, OR and the surrounding area.






Oregon Historical Society faced a shortfall in 2010-2011, so they asked Multnomah County voters at that time for a "temporary" levy to hold them over until they could source other funding. 🧵





🇺🇸 Here's what $39 trillion in debt really means: If we confiscated every dollar of U.S. corporate profit ($3.8T/year), it would take over 10 years to pay off. Sell every ounce of gold ever mined: $32 trillion. Still $7 trillion short. Liquidate every Bitcoin in existence on top of that: $33.5 trillion. Still $5.5 trillion short. If we confiscated every dollar of federal tax revenue ($5.3T/year), it would take over 7 years to pay off, assuming zero spending. The debt is 71% of every home in America, or 30% of every publicly traded company on Earth. The debt grows by $7.2 billion a day, or $84,000 a second. This is a problem.





















