I’m optimistic that Trump will address the national debt one way or the other. One good idea was to tap Alaskan oil, sell it to China and dedicate the revenue to paying off the national debt. Another way is to dedicate tariff income to the national debt.
“I’m optimistic that Trump will address the national debt one way or the other. “
I am not. Getting by with less debt has never been part of his business DNA. He likes to assume GDP growth will be able to take care of it. That is, to me, a risky wish, because it depends on successive administrations that will follow him, with no guarantee, no law that requires paying down the debt.
Tons of federal assets now - land - should be sold and all proceeds going to pay debt, until the debt to GDP ratio is back to 2008 levels at least, and interest on the debt as a percent of the budget similarly gets back to 208 levels.