If a number grows by 1.75% per quarter, then it will double in 10 years. When we are talking about the national debt, then we want it to grow by less than this amount. The national debt is projected to increase "only" $973 billion next year, which would be less than this amount, since the debt is now at about $14.7 trillion. Somehow I have my doubts that this will happen.
No comments:
Post a Comment