2 ms·
There are multiple ways to look at it. One bad sign is the large increase in the budget deficit at a time of economy expansion (from $585B in 2016 to $980B in 2
by rockinghigh 7y ago
There are multiple ways to look at it. One bad sign is the large increase in the budget deficit at a time of economy expansion (from $585B in 2016 to $980B in 2019). Another aspect is how much of the budget has to be allocated to paying the interest on the debt ($376B in 2019). The CBO listed consequences of high debt in 2014: http://www.crfb.org/blogs/cbo-consequences-growing-national-debt http://www.crfb.org/blogs/cbo-consequences-growing-national-...