U.S. Federal Debt-to-GDP Ratio Is on Pace to Set a Record High, Going All the Way Back to 1790

Posted by Straight_Ad2258

8 Comments

  1. Straight_Ad2258 on

    **note that this is federal debt only**

    adding state and local debt as well would get US almost at 150% debt to GDP ratio by 2035, almost as high as Greece today( and given Greek debt keeps shrinking ,US is on track to become more indebted than Greece by 2030)

    Greece had the luck of being bailed out by Germany, who’s gonna bail out US by then, Russia?( im saying this ironically, but many in the GOP would unironically say that)

  2. LtCdrHipster on

    I love that Trump is negatively polarizing Democrats to care about the national debt.

  3. allbusiness512 on

    One thing that needs to be stated is that the American population generally hating taxes regardless of political affiliation is probably going to be the death sentence of America as a global world power.

  4. SteveFoerster on

    I’m old enough to remember when Republicans pretended to care about this.

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