Debt at 100% of GDP: A Trump-era surge that demands action
TL;DR Summary
John Avlon argues that America’s national debt has surged past 100% of GDP, a milestone he calls a clear, unsustainable trap. The piece contends deficits expanded under Trump and continued under Biden, reversing the Clinton-era balance and revealing a partisan pattern where Republicans decry deficits only when a Democrat is in the White House. Avlon urges a bipartisan approach—raising revenue, trimming costs, modernizing government, and spurring innovation—to grow out of the hole and prevent the U.S. from losing its economic influence.
- America’s Debt Is Soaring Under Trump. Yes, It Matters Rolling Stone
- U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It The New York Times
- America Is in a Red State WSJ
- The real trouble with the US debt topping 100 percent of GDP Atlantic Council
- A Government Debt Crisis? A Wealth of Common Sense
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