The U.S. Is at WWII Levels of Debt. Will It Sink the Economy?
One of the core issues between Elon Musk and President Donald Trump’s feud is over Republican’s “big, beautiful bill” in Congress. Musk is concerned about how much it raises the national debt.
The U.S. national debt is on its way to $30 trillion dollars and is projected to be more than 100% of GDP at the end of this year. So is that… bad? Let’s look at what the debt is, how it affects the economy and how much is too much?
#Debt #Economy #Shorts
The U.S. national debt is on its way to $30 trillion dollars and is projected to be more than 100% of GDP at the end of this year. So is that… bad? Let’s look at what the debt is, how it affects the economy and how much is too much?
#Debt #Economy #Shorts
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