How much is the US Government debt today? Give three reasons why our debt is this high. Should we worry about the US Debt?

How much is the US Government debt today? Give three reasons why our debt is this high. Should we worry about the US Debt?



Answer:

- $22 trillion
- deficit financing, failure to repay the debt over time, interest accruing on the existing debt.
-absolutely

Comments

Popular posts from this blog

Examine the collapse of Han. What factors explain how this occurred? How influential in Han Dynasty on Chinese History?

Summarize effective communication strategies in organizational hierarchies, and review the role and relevance of the organizational grapevine

Examine the age-structure diagrams of Sweden and Kenya below, and answer the following questions. Compare and contrast the two age structure diagrams in terms of two population dynamics - birth rate and death rate.