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KQ2: How bad is the national debt, anyway?

  • Writer: Rick Newman
    Rick Newman
  • May 22
  • 1 min read

Updated: 2 days ago

America's national debt is a problem. How big of a problem? Take the quiz to find out. Nine questions. Go!





If you wanna know more 👇


Downgrades: Moody’s was the last of the three main rating agencies to strip the US government of its AAA rating. All three agencies say the US economy is strong but the US political system basically sucks.


Debt/GDP: The St. Louis Fed’s “FRED” database is an amazing resource for data geeks. Here’s the series on federal debt as a portion of GDP.


What’s with this wonky phrase “federal debt held by the public?” Is that different from the total national debt? Yet it is. Here’s a good explainer.


Effects of a debt crisis: Here’s a good explainer.


Fixing the debt: I love the plan outlined by Jessica Riedl of the Manhattan Institute. Here’s my story on her analysis. Here’s the original analysis.  

Politicians with a serious plan to fix the debt: If you know of any, please let me know.  

 

 



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