103K views · 463 reactions | U.S. government debt stands at more than $21 trillion. Does it matter? | CNBC International | Facebook
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103K views · 463 reactions | U.S. government debt stands at more t…
103.5K views2 weeks ago
FacebookCNBC International
With the national debt surging past $26 trillion, we asked top economists, analysts and policy makers why the deficit matters. Paul Krugman said the deficit doesn't matter too much and said instead the great danger is that America spends too little. Danielle DiMartino Booth countered by saying such a large debt puts U.S. sovereignty at risk and Congress needs to step up. Mohammed El-Erian said we need to win the war against the threat of a global depression and secure economic peace by creating
5:08
With the national debt surging past $26 trillion, we asked top economi…
7.6K viewsSep 18, 2020
FacebookCNBC
The national debt is set to grow by 202 percent by 2051. At this point, it's predicted that the federal government will be spending more than a quarter of its annual budget just to pay interest on the principal — an estimate that came before President Joe Biden signed the $1.9 trillion COVID-19 relief bill. Now, the long-term budget looks even worse. | Reason Magazine
15:34
The national debt is set to grow by 202 percent by 2051. At this point, …
261.3K viewsApr 5, 2021
FacebookReason Magazine
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