HomeUnited States National Debt CrisistbdUnited States National Debt Crisis

United States National Debt Crisis

The federal debt is over $14.3 trillion and still rising. Under a conservative best-case scenario, the nation’s net federal debt will rise to at least 155 percent of gross domestic product by 2035 if not before, more than double the current levels. Under a more pessimistic scenario on growth rates, that load ratchets up at least 302 percent of G.D.P. by that year. In other words, the national debt is like “a can that is being kicked down the road.” So then, what kind of world are we “really” leaving to the future generations?


Leave a Reply

Your email address will not be published. Required fields are marked *

payday smile logo

PaydaySmile.com is a financial technology company specializing in payday loans and financial solutions. With a keen focus on catering to payday lending needs, the company provides tailored loan options and tools to assist individuals seeking short-term financial assistance. It’s important to note that while we offer financial tools and resources, we are not a direct lender.

Advertiser Disclosure: This website is an independent, advertising-supported comparison service. The card offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

© 2024 PaydaySmile.com . All Rights Reserved.