The “national debt” is NOT even close to being a problem that needs to be solved. It is not a debt in the usual sense of the word and does not get paid off ever, but fluctuates with the economy. All of our money is technically borrowed into existence so that the Federal Reserve can control the supply. If the economy is doing poorly — they LOWER the interest rates. If the economy is too hot — they INCREASE interest rates. We maintain the “debt” by paying the interest, which usually hovers around 3-4%. Government CAN overspend and stress the debt, but Clinton, Obama, and now Biden have not done this. Only the recent republican presidents have stressed the debt by lowering taxes for the rich — ie. Reagan, George W. Bush, and Trump.
Boris Badenov!