The Forces Fueling America's 45-Year Debt Addiction
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25% of annual U.S. GDP. Today, that figure is a little over $30 trillion, or arou
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25% of annual U.S. GDP. Today, that figure is a little over $30 trillion, or arou
