US Debt Exceeds 100% Of GDP For The First Time Since World War II
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4 Articles
US Debt Exceeds 100% Of GDP For The First Time Since World War II
The United States has crossed a milestone that Washington has spent decades pretending would never arrive. Federal debt held by the public has now exceeded
US Debt Exceeds 100% of GDP for the First Time Since World War II - LewRockwell
The United States has crossed a milestone that Washington has spent decades pretending would never arrive. Federal debt held by the public has now exceeded 100% of GDP for the first time since the aftermath of the Second World War. According to the latest government data, debt held by the public reached approximately $31.27 trillion while the nation’s annual economic output totaled roughly $31.22 trillion, pushing the debt-to-GDP ratio to 100.2%…
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