The United States has a $27 trillion dollar problem. An addiction to government Debt and one which is growing by the day.
US Debt has grown by over 800% since 1990, accelerating its unfavourable title of having the largest debt by value in the world.
But does America's Debt really matter? Well this depends on who you ask.
Ultimately its addiction to debt is a consequence of tax cuts, an ageing population, and how cheap it has become to borrow ever larger sums.
#USDebt #NationalDebt #GovernmentSpending
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