Author Topic: Is the US in a debt-fueled national death spiral?  (Read 395 times)

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Offline Weird Tolkienish Figure

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Is the US in a debt-fueled national death spiral?
« on: June 20, 2025, 05:20:28 pm »
https://thehill.com/opinion/finance/5359774-is-america-in-a-debt-fueled-national-death-spiral/

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The national debt has exceeded GDP since 2013, and the Debt Clock shows the U.S. debt-to-GDP ratio today at 123 percent

 :thud:

Online roamer_1

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Re: Is the US in a debt-fueled national death spiral?
« Reply #1 on: June 20, 2025, 10:08:57 pm »
First Rule of Holes applies.

Offline Hoodat

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Re: Is the US in a debt-fueled national death spiral?
« Reply #2 on: June 20, 2025, 10:27:21 pm »
Is the US in a debt-fueled national death spiral?

Yes.  Sixty-eight consecutive years without a balanced budget.  That's longer than most people have been alive.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-