To me the elephant in the room is the cost of servicing the debt.
Even if the US has a bunch of runway before shit actually hits the fan, 2024 saw over a trillion dollars servicing the debt. That could be funding a lot of government programs instead.
Even if the US has a bunch of runway before shit actually hits the fan, 2024 saw over a trillion dollars servicing the debt. That could be funding a lot of government programs instead.