US Federal Debt to Exceed Annual GDP For the First Time Since World War II (user search)
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  US Federal Debt to Exceed Annual GDP For the First Time Since World War II (search mode)
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Author Topic: US Federal Debt to Exceed Annual GDP For the First Time Since World War II  (Read 3131 times)
parochial boy
parochial_boy
Junior Chimp
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« on: September 03, 2020, 03:35:02 PM »
« edited: September 03, 2020, 03:56:28 PM by parochial boy »

You know, aside from being symbolic, it's not actually very meaningful in reality - as debt and GDP are measuring two different sorts of things (like for a start GDP ≠ the value of a nation's assets).

Trying to worry about reducing the deficit at this particular point in time would be suicidal; especially when you are the US and you have historically low interest rates helping you along.
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