Dangers Of National Debt

Decent Essays
The United States is entering a danger zone as our national debt has reached an all time high. This is quantified by the GDP as a percent of the national debt. The ratio is sixty one percent, which could lead to default on our obligations and could lead to the downfall of our country. Debt is money that the individual owes to themselves. GDP means gross Domestic Product, this is the total value of goods in a country. The GDP in the US is actually pretty good right now, but that doesn’t tell us everything. I believe that we really do need to worry about debt and we need to take different actions to help us get out of the deep hole of debt that we have dug ourselves in. The second articles case is that even tho The GDP is high, the fact that

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