Comment on A Foolish Take: The Looming Threat That Will Hamstring the U.S. Government

A Foolish Take: The Looming Threat That Will Hamstring the U.S. Government

The national debt has been a contentious issue among politicians and economists for years, and its growth has shown no signs of slowing. The size of the national debt has nearly quadrupled over the past 20 years, climbing above the $20 trillion mark as of the end of the government's 2017 fiscal year and moving inexorably higher.Ordinarily, you'd think that such a massive increase in debt would have had dire budgetary consequences.

 

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