Being an economically strong country is one of the main reasons for America to achieve top state status.It is said that money that is nowhere to be found is hidden in the American treasury.
However, all this is currently limited to words.Before the arrival of the corona, a calculation was made and then a calculation was made.
The corona was born, but the American spine was shaking.Economists are worried that the US economy will worsen in the wake of the Corona crisis and that the US will sink further into debt in the future.
According to data released by the US Treasury, the US is currently mired in deep debt.It revealed that the total arrears of the US government were above 30 trillion, an unexpected development.
He said the government’s expenditure on recovering from the corona epidemic was the main reason for this, which could have disrupted the country’s economy.
Leading economist David Kelly has said that US debt has risen by about 7 trillion since 2019, not a short-term crisis, and that the U.S.is on the verge of going into a state of complete irreversibility.Kelly worries that interest costs alone will cross 5 trillion in the next 10 years, and that spending will continue to rise to about half of U.S.federal revenue by 2050 if this trend continues but is unlikely to decrease.He suggested that the government should focus on this issue.
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