The Unz Review - Mobile
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
 BlogviewTom Engelhardt Archive
Stephanie Savell: How America's Wars Fund Inequality at Home
🔊 Listen RSS
Email This Page to Someone

 Remember My Information


Bookmark Toggle AllToCAdd to LibraryRemove from Library • BShow CommentNext New CommentNext New ReplyRead More
ReplyAgree/Disagree/Etc. More... This Commenter This Thread Hide Thread Display All Comments
These buttons register your public Agreement, Disagreement, Troll, or LOL with the selected comment. They are ONLY available to recent, frequent commenters who have saved their Name+Email using the 'Remember My Information' checkbox, and may also ONLY be used once per hour.
Ignore Commenter Follow Commenter
Search Text Case Sensitive  Exact Words  Include Comments
List of Bookmarks

On the campaign trail in 2016, Donald Trump wasn’t shy when it came to the issue of debt. As he told Norah O’Donnell of CBS This Morning at the time, “I’m the king of debt. I’m great with debt. Nobody knows debt better than me. I’ve made a fortune by using debt and if things don’t work out I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.” So how perfect that he would become the president of debt, presiding (like his two predecessors) over what TomDispatch regular Stephanie Savell, co-director of the Costs of War Project at Brown University, calls America’s “credit-card wars.” Those conflicts, already almost 17 years in the making and still spreading, may, when the costs finally come due, lend a hand in the bankrupting of America and leave those who don’t fit comfortably into the 1% bracket in a ditch somewhere in Trump country.

Perhaps it’s lucky, then, that Americans elected the “king of debt” as their president, since he’s had a whole lot of experience with one other aspect of debt: bankruptcy, when things suddenly start to go bad and those debts begin to truly pile up. After all, our king of debt managed to send his Atlantic City casinos over a cliff into the abyss of bankruptcy in the 1990s, leaving stock and bond holders in just such a ditch and yet somehow emerging with millions of dollars for himself. It was an escape act worthy of Houdini and, rest assured, if anything like it were to happen to this country on his watch, he’d undoubtedly do the same thing, possibly no less successfully. Perhaps beforehand he could give the U.S. military (and the rest of us) a few tips about how to jump ship on those wars before they do in not just Afghans, Pakistanis, Iraqis, Syrians, Yemenis, Libyans, and the rest of the targeted crew across the Greater Middle East and Africa, but us, too. In the meantime, let Savell tell you a little about what lies ahead when those credit card bills come due.

(Republished from TomDispatch by permission of author or representative)
• Category: Foreign Policy • Tags: American Military, Military Spending 
Hide One CommentLeave a Comment
Commenters to FollowEndorsed Only
Trim Comments?
  1. Anon[121] • Disclaimer says:

    Right, if we had no overseas wars, there would be equality at home… like in Brazil that doesn’t fight overseas wars.

Current Commenter

Leave a Reply - Comments on articles more than two weeks old will be judged much more strictly on quality and tone

 Remember My InformationWhy?
 Email Replies to my Comment
Submitted comments become the property of The Unz Review and may be republished elsewhere at the sole discretion of the latter
Subscribe to This Comment Thread via RSS Subscribe to All Tom Engelhardt Comments via RSS
Personal Classics
Eight Exceptional(ly Dumb) American Achievements of the Twenty-First Century
How the Security State’s Mania for Secrecy Will Create You
Delusional Thinking in the Age of the Single Superpower