Thursday, October 06, 2022

U.S. National Debt now at over $31 trillion or over 125% of GDP

You wonder about inflation? Excessive government spending is one of the major driving forces of inflation in history!

This is reckless and irresponsible government spending! Too many politicians think money grows on trees!

Clearly, the upward trajectory/trend of U.S. national debt since the early 2000s is unsustainable!

High time to return to e.g. balanced budget requirement and paying down government debt!

Understanding the National Debt | U.S. Treasury Fiscal Data





No comments: