The US Economy as measured by our Gross Domestic Product (GDP) is the largest in the World. This encompasses all the productive output of all citizens, government, and corporations.
In the last few years we have seen a tremendous growth in the National Debt, or the sum accumulation of annual budget deficits for the Federal Government. The COVID Pandemic and the Great Recession of 2008 accelerated this trend.
Now, the National Debt is greater than the entire US Economy.
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