AMERICA’s DEBT DUE to EXCESSES OF DECADES PAST

AMERICA’s DEBT DUE to EXCESSES OF DECADES PAST

By JAMES A. MARPLES *************************************************** I have read news articles postulating reasons why America is in such bad fiscal shape; and proposed ‘fixes’ such as curtailing items such as Medicare, Medicaid, the Military, even the post office. Such changes could have been relatively mild and gradual, if they had been adjusted or tweaked slow and gradually. It is true that politicians have failed to address ‘genuine remed…

Week Ahead – Fed Minutes, PCE Inflation and RBNZ Eyed as Trade War Cools Off - Action Forex

The trade war has taken a backseat over the past week amid an absence of fresh tariff headlines, bringing to the forefront the long-running concerns about the ballooning US national debt. America’s debt problem has been brought into the limelight as Congress is struggling to find common ground on tax and spending reductions. Market anxiety about what the new budget bill will entail has been made worse by Moody’s downgrade of America’s prized tri…

Main Street Economics Urges President Trump to Lead on National Debt Crisis

WASHINGTON, DC, UNITED STATES, May 23, 2025 /EINPresswire.com/ -- As the United States hurtles toward an unsustainable fiscal future, Main Street Economics—an independent, nonpartisan nonprofit committed to educating the public on America’s debt crisis—is calling on President Donald J. Trump to lead a national conversation on America’s looming economic disaster. In a direct letter to President Trump, Les Rubin, Founder of Main Street Economics, …

America’s Dire Fiscal Condition Signals Deeper Debt Crisis Ahead - Finnoexpert

We find it mandatory to now put a bright spotlight on America’s dire fiscal condition. The National debt rose from less than $6 trillion in 2000 to over $37 trillion today. Our debt is now 720% greater than our annual revenue. The Nation’s annual deficit for fiscal 2025 is projected to be $1.9 trillion, or 6.2% of GDP. The US Government now spends more on interest payments on the National Debt ($1.11 Trillion) than National Defense ($1.10 Trilli…