by carrieon ➕follow (0) 💰tip ignore
Since 1929, National debt has roughly doubled every 8 years, but GDP growth some how always exceeded the money spent. What's different about the past 8 years is that for the first time in history GDP growth never exceeded the money spent.
https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
Since 1929, National debt has roughly doubled every 8 years, but GDP growth some how always exceeded the money spent. What's different about the past 8 years is that for the first time in history GDP growth never exceeded the money spent.
https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287