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Debt, Dollars, and Who Pays | Salt Lake City News
The U.S. national debt has ballooned past $40 trillion—larger than the entire economy—and hasn’t been balanced in over two decades. While some warn it’s eroding economic potential through inflation and rising interest costs, others argue the government can manage it by printing its own money. Critics say debt-driven spending mostly benefits the wealthy, while proponents believe targeted spending could stimulate growth. Yet, with over $1 trillion annually spent on interest alone, and voters largely indifferent to the issue, the debt quietly grows—until it no longer can. Listen in comfort:Get a…
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