Posted on 05/07/2026 12:53:26 PM PDT by Miami Rebel
The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output.
It was a striking imbalance, according to early estimates, one that the country has experienced only in rare circumstances — briefly during the pandemic, and in the aftermath of World War II. But the development barely seemed to register in the nation’s capital, where few policymakers bothered to acknowledge the latest warning sign about the government’s poor fiscal health.
The root of the problem is well-documented and widely known. U.S. debt has soared in recent years because of a mismatch between federal spending and tax revenue, one complicated by a rapidly aging population, which has driven up costs across government.
For economists, the fear is that these conditions are inching the United States toward a fiscal crisis, one in which its debt is so great that the country can’t easily afford to pay the rising interest on it. But their warnings have long gone unheeded in Washington, calcifying the strains on the government’s balance sheet in ways that President Trump’s agenda is expected to exacerbate.
Despite winning a congressional majority, Republicans have cut little in spending over the past year. With the few savings they did achieve, they put that money toward offsetting a fraction of the cost of Mr. Trump’s tax cuts, which are still expected to add more than $4 trillion to the debt in the coming years.
Those fiscal risks aren’t yet fully realized in the total federal debt held by the public, which topped about $31.26 trillion in March, federal records show. By comparison, the nation’s nominal gross domestic product, a measure of its output using current dollars, reached $31.21 trillion in the 12-month period ending in March.
(Excerpt) Read more at nytimes.com ...
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You need to see the rktman debt clock. 😂😂😂😂😂💥
Let’s remember the a**hole President Not Elected, Joe Biden (spit). Opened the gates of free money to illegal aliens. We should be raiding the Democrat coffers from now until the next election in retribution of that act.
> U.S. debt has soared in recent years… <
Really, New York Times? Just in recent years? So I guess it’s all Trump’s fault.
Nope. It’s the fault of every D and R president since the end of WW2. And the fault of every D and R Congress since the end of WW2.
A pox on them. Every single one of them.
Yes, the debt wasn't what it is now but it was climbing at levels never seen before and, yet, the NYT saw nothing alarming.
It was absolutely fine during the Biden administration. That Trump...
No just FDR, this was inevitable after he got Social Security passed.
I do blame the following Presidents and Congress from pretending SSN/Medicaid is anything but a massive unconstitutional pyramid scheme which will eventually bankrupt the nation and force us to give up our military.
Hooverville
Since when does the NYTimes care about our debt?
Not to worry.
Whether there is any gold in Fort Knox may not be a settled question, but the presses printing money are still working fine.
Although that may be just for show as most transactions have nothing to do with the transfer of printed currency.
Nobody cares, literally nobody.
Do you?
The corollary is that if you have no problem with the current national debt of $39 trillion, you had no problem with Biden’s debt of $35.5 trillion.
Tax cuts historically ring in revenue. SPENDING causes the debt.
They would notice if a million of us showed up on the same scheduled day on the national mall saying stop the spending.
Hey hey
ho ho
this national debt
has
got to go!
Hey hey
ho ho
this national debt
has
got to go!
They were attempting to bankrupt and crash the USA as the Western reserve currency with Samantha Power at USAID funding every NGO and every communist dream imaginable. The USA has proven to be far more resilient than expected. (I contribute their failure to the prayers of believers rebuking it daily.)
Their intention was/is to tokenize everything onto a blockchain with a global Central Bank Digital Currency (CBDC) and mandatory digital ID. All done by the machinations of the installed WEF sycophants.
A totalitarian digital control grid but now also with AI ‘fairly’ managing all resources for the entire planet, in their minds now succeeding where all Communist attempts prior have failed. Soon arriving right out of Revelation Chapter 13.
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