The media has been portraying the US debt as an increasing problem. I’m seeing lots of headlines saying that we passed $40 trillion in debt and lots of articles are saying that is very bad. I see that the debt ratio to GDP is about 120 to 130% for the US. Other countries like the UK and France have similar ratios, and there are many other countries with much higher debt to GDP ratios. Is it really that bad?
Why is the US debt treated as so bad in the US media?
byu/exploring203 inAskEconomics
Posted by exploring203