The Troubling National Debt
admin2016-12-14T17:06:19-08:00It is projected to grow even larger. What does that imply for the economy? In 1835, something financially remarkable happened: the federal government paid off the national debt.1 It hasn’t happened since. Through myriad presidential administrations and economic cycles, the national debt has persisted. Wars, depressions and recessions have all helped send it higher, and [...]