The $38 Trillion National Debt: A Ticking Time Bomb for the U. S. Economy The United States national debt has grown to an astonishing $38 trillion, surpassing 100% of the country's GDP.
This staggering amount is a burden on future generations and a ticking time bomb waiting to unleash its destructive power on the economy.
The question is no longer whether we can afford this level of debt but how long it will take for it to become unmanageable. What is the National Debt and Its Impact on the Economy?