☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year ago

The $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warns

www.businessinsider.com

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The $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warns

www.businessinsider.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 1 year ago

The US government's bills will exceed its revenue by the early 2030s, according to a Congressional Budget Office estimate.

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FuckyWucky [none/use name]@hexbear.net
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1 year ago
Also don’t forget that Clinton’s “balanced” budget came at the cost of austerity.