Friday, March 21, 2025

National Debt? Who Cares?

I am not one to care about the national debt, compared to other more tangible things like climate change. But I know many other people supposedly do.

So the fact that the Congressional Budget Office says extending the 2017 Trump tax cuts will increase the national debt by almost 50% as a percent of GDP, and increase the deficit by about $4 trillion… seems like something some of those people should care about.

But they won't care, just as they haven't cared when the debt has gone up substantially under all of the recent Republican administrations.


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