Originally Posted by Barry-xlovecam

Why is it right for Trump, (all businesses actually,) to discharge his debts from his businesses and rip off lenders, creditors and shareholders but government debt obligations are forever?

Why is it right for an individual to discharge his private debts only?

Why is it right to rip off the public but not the government?

There should be something like a Chapter 16 bankruptcy for a citizen to have the courts reorganize his debt to the government. Not totally discharge his debt to the government but that his debt be made payable to some set percentage of his spendable income. Say this is reviewed annually ...

If equity in debt is negotiable-- then it is negotiable for all debts -- public and private -- debt equality.

Silly idea ...

Of course, the taxpayer could fund higher education, his children (or the children of the society,) to benefit and not start out a career in debt.


But no! I want my leased Cadillac and complain while I make the payments ... the end