The hottest National Debt Substack posts right now

And their main takeaways
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Top U.S. Politics Topics

The True Shape of America's Debt & Deficit "Burdens"

Brad DeLong's Grasping Reality • 261 implied HN points • 02 Feb 24
🇺🇸 U.S. Politics Economic Policy Government spending National Debt Political Economy
  1. Debt-to-GDP ratio in the U.S. has fluctuated over the years, with significant changes under different administrations.
  2. The U.S. could manage its debt by matching program spending to taxes in the future, allowing it to gradually diminish.
  3. The current U.S. deficit is a concern as it exceeds the optimal level, posing a risk for the future due to political and economic factors.

$1 Trillion Per 100 Days: Is This the Year the Debt Bubble Explodes?

QTR’s Fringe Finance • 24 implied HN points • 11 Mar 24
💰 Finance Debt Government spending Federal Reserve Economic Growth National Debt
  1. The national debt is growing at an alarming rate, projected to reach $54 trillion within 10 years, with interest payments set to exceed defense spending.
  2. The Federal Reserve's monetary policy is criticized for contributing to unsustainable debt, with 2020 alone seeing over $3 trillion in printing.
  3. Government spending continues to mask weaknesses in the US economy, with debt growth outpacing GDP growth for multiple quarters, driven by reckless deficit spending.

Debt ceiling hypocrisy: US boosts military budget while restricting food stamps for poor

Geopolitical Economy Report • 757 implied HN points • 03 Jun 23
🇺🇸 U.S. Politics Government Policy Economy National Debt Military
  1. The US government prioritizes boosting the military budget over providing assistance to those in need, like restricting access to food stamps for the poor.
  2. US politicians across parties show little concern for the national debt, as evident from the bipartisan agreement to increase the military budget significantly.
  3. The US economic dominance, particularly with the dollar as the global reserve currency, affords it privileges that other nations, especially in the Global South, do not have, allowing the US to handle debt and deficits uniquely.

Debt-Ceiling Theater Masks True Depth of DC's Red Ink

Stark Realities with Brian McGlinchey • 452 implied HN points • 01 Jun 23
🇺🇸 U.S. Politics Government National Debt Fiscal policy Social programs
  1. Americans are misled about the true depth of the government's financial disorder.
  2. The federal government's actual liabilities are far higher than the reported national debt figures.
  3. Understanding the true national debt would lead to questioning unsustainable social benefits, costly foreign interventions, and big-spending proposals.
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