U.S. Government Embraces FTX-Style Financing: $1.2 Trillion Spending Bill Signed Amidst Staggering Debt

In a move that would make even the most reckless financial leaders proud, President Joe Biden has signed a $1.2 trillion spending package, adding to the already astronomical $34.6 trillion in national debt. The decision has left many wondering if the U.S. government has been taking financial advice from the likes of Sam Bankman Fried, the disgraced founder of the now-defunct cryptocurrency exchange FTX.

SBF’s Financial Wisdom Guides the Nation

Samantha Bankwoman Freed, Financial Controller at Politically Incorrect Social Responsibility (PISR) and definitely not Sam Bankman Fried in disguise, shared her thoughts on the government’s financial strategy: “If there’s one thing I’ve learned from experience (definitely not at FTX, I never worked there), it’s that the best way to handle money is to spend it like there’s no tomorrow. Who cares about debt when you can just keep borrowing more? It’s not like anyone will ever come collecting.”

Debt? What Debt?

The U.S. government seems to have adopted an FTX-inspired approach to finance, where debt is just a number, and the only way to keep the economy afloat is to keep spending. With the national debt now exceeding $34.6 trillion, it’s clear that the government has fully embraced the “borrow now, worry later” mentality that led to the downfall of FTX.

As the U.S. government continues to spend money it doesn’t have, one can only wonder how long this FTX-style financial strategy can last. Will the nation’s debt eventually catch up to it, or will the government continue to borrow its way to prosperity? Only time will tell, but one thing is for sure: if Sam Bankman Fried ever needs a new job, he might just have a future in U.S. fiscal policy.