Surname Institutional Affiliation Subject Date National Debt of United States Debt is experienced in a situation where the expenditure exceeds the cash inflows. Over the years most of the countries such as United States has been depending on debts to make economic progress. It is approximated that United States has a dent of $20 Trillion (Kimberly Ettlinger. “Government Spending Can Create Jobs and It Has” Center for American Progress. 2011. Web 8th Feb 2018. Imran Cander. “How Does The Selling Of Government Bonds Reduce Inflation?” Government and Economics. 2016. Web 8th Feb 2018. Kimberly Amadeo. “The United States Debt And How It Got So Big” Us Economy. 2017. Web 8th Feb 2018. [...]
Much is made of the large U.S. debt. After reading the 'False Concerns' and 'Substantive Issues' in the chapter 'Fiscal Policy, Deficits, and Debt' are you more or less concerned about the debt that you were before reading the chapter? Do you think the debt is something we should be greatly concerned about? Why or why not?