The U.S. debt is $28.9 trillion as of Nov. 6, 2021. and each citizen's share of this debt is over $86,939 considering the population of about 330 million.(https://www.usdebtclock.org/) Even our national debt has continued to increase an average of over $2 billion per day since September 30, 2012, and currently US federal debt to GDP ratio reached 128.12% in the middle of COVID-19 pandemic. What do you think about the public debt in the U.S.? Do you think it is a myth to overly concern about the debt? Or, would it be a significant problem for our future generations as well as current generation? Discuss.
The U.S. debt is $28.9 trillion as of Nov. 6, 2021. and each citizen's share of this debt is over $86,939 considering the population of about 330 million.(https://www.usdebtclock.org/) Even our national debt has continued to increase an average of over $2 billion per day since September 30, 2012, and currently US federal debt to GDP ratio reached 128.12% in the middle of COVID-19 pandemic. What do you think about the public debt in the U.S.? Do you think it is a myth to overly concern about the debt? Or, would it be a significant problem for our future generations as well as current generation? Discuss.
Chapter17: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 8SQ
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The U.S. debt is $28.9 trillion as of Nov. 6, 2021. and each citizen's share of this debt is over $86,939 considering the population of about 330 million.(https://www.usdebtclock.org/) Even our national debt has continued to increase an average of over $2 billion per day since September 30, 2012, and currently US federal debt to
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