The national debt is a major & escalating problem. Neither party is innocent, but that doesn't mean each is equally guilty, either. What neither is willing to do is fix the problem.

发布时间: 2023-12-14 10:51:31

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The national debt is a major & escalating problem. Neither party is innocent, but that doesn't mean each is equally guilty, either. What neither is willing to do is fix the problem.
时政
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6个月前由 Dan McLaughlin 提交

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🇺🇸 US GOVERNMENT DEBT

- Currently at $32.6 trillion, up from $16.7 trillion a decade ago.

- In the nine months to June, the government reported a deficit of $1.39 trillion.

- Government is now paying $1.3 billion in interest on its debt every day

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It has been 60 hours since US debt crossed $33 trillion and it is already up another $50 billion.

That means we have added $833 million in debt PER HOUR since US debt crossed $33 trillion.

If the total US debt were divided by every household in the country, each household would…
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Is the 🇺🇲 United States government budget deficit and debt load sustainable?
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Krugman’s op-ed about why he, as Nobel-winning macroeconomist, isn’t worried about the debt includes these arguments: 1) America’s debt/gdp today is ok bc it’s lower than Britain’s was at the end of WWII 2) The debt can be stabilized by cutting deficit by $600 bln/year even
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The 🇺🇲 US government's debt is now projected to rise by $5.2 billion every day for next decade, with total debt reaching $50 trillion by 2033.
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JUST IN: Bloomberg reports X is already cash flow positive when not including the cost of servicing debt.
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