The Debt Dilemma: A Crisis in Disguise The national debt has been a topic of debate for decades, but recent developments have shifted the conversation.
Our publicly held debt now stands at $31 trillion, exceeding 100% of our GDP – up from 39% in 2008 and 79% in 2019.
For those who dismissed concerns about the national debt as mere hysteria, the math is no longer on their side. Historically, the economy's growth rate has outpaced interest rates, allowing us to keep paying our bills.