View Post
CuCabeludo said:

US debt will keep growing and growing regardless of who is in charge. Decreasing debt means cutting government spending, and no politician wants to do it because it means losing popularity/voters.

US is destined to have its debt doubled every 8-10 years until it eventually kills the country within.

Growing debt is not a problem as long as the economy grows faster than the debt.

Like, if the debt is growing, but as a percentage of the overall economy is shrinking, then it's fine.

I don't know if this is the case with the US though....