It’s because 1/2 is earmarked for entitlements. The functioning (/s) part of government operates on borrowed money. Until we get control over entitlements, this is the way it will be.
It’s because 1/2 is earmarked for entitlements. The functioning (/s) part of government operates on borrowed money. Until we get control over entitlements, this is the way it will be.
It’s all imaginary. Every country in the world is seemingly in debt for blahblah dollars. Wasn’t Greece broke beyond belief a few years ago? Yet on and on they go.
No country will ever pay off all this supposed debt. It’s just background noise.