The American Public Debt: Risks, Realities, and Future Directions
The escalating American public debt, which now consistently surpasses $34 trillion and continues its upward trajectory, has emerged as a central and persistent concern in U.S. economic policy debates. Its sheer magnitude raises fundamental questions about fiscal sustainability, intergenerational equity, and the nation’s future economic resilience. While the U.S. enjoys unique advantages that have historically […]
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