4.09.2017

$20 trillion in debt: Fighting wars, big tax cuts and economic stimulus packages have all added to the debt burden



Here’s how the U.S. got to $20 trillion in debt

Excerpt:

The U.S. is approaching $20 trillion in national debt — the nation is a cool $19.85 trillion in the red as of Friday — and when it crosses that mark, get ready for some finger pointing over who’s to blame. If history shows anything, it’s that both parties share responsibility for boosting the debt. Fighting wars, big tax cuts and economic stimulus packages have all added to the burden over the years.
Comment: Article is worthwhile. Virtually no one seems to care or be concerned about this.

1 comment:

  1. The debt and the economy are unsustainable and will collapse. The only question is when, not if.

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