The U.S. national debt is now larger than the economy as a whole, hitting levels not seen since the aftermath of World War II, new data has revealed. Figures released by the Bureau of Economic Analysis Thursday place the total debt held by the American public at $31.27 trillion as of March 31. Meanwhile, the country’s nominal gross domestic product was estimated at $31.22 trillion, meaning the national debt as a percentage of GDP stands at 100.2 percent, putting it on course to challenge the historic 106 percent recorded in 1946 during demobilization. The debt stood at 99.5 percent of GDP at the end of the 2025 fiscal year in September, revealing how quickly it has climbed.
And more than half of that debt was created by… Trump
The vast majority of the debt was caused by entitlements, which couldn’t be paid for even if we took all the profits from the top 1%.
The only “cause” is the lack of a law automatically raising taxes when spending exceeds income. Everyone is trying to get subsidies for their cause and have someone else pay the bill, and to an extent that’s just the way governments promote economic activity, but it’s never gonna be sustainable if you’re spending more than you make. Supposedly, if your economy out grows your debt it’s “fine” but that sounds like bs without a dynamic tax rate.
Edit: Great, same old reddit my-side-good-ism and refusal to do basic things like balancing a budget. Our society will get exactly what it deserves when house of cards all falls down.
And here i thought it was because of the dumbass war on Iran.
No… At best entitlements are around 50% of the usa debt
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The economy is made up anyway. We could live in a post-scarcity world, but we’d rather bomb brown people.