8 ms·

Debt to revenue leaves out a whole other independent variable, which is other expenses, many of which are set by law. Debt as % of GDP is probably more relevant

Debt to revenue leaves out a whole other independent variable, which is other expenses, many of which are set by law. Debt as % of GDP is probably more relevant: https://en.wikipedia.org/wiki/National_debt_of_the_United_States#/media/File:US_Federal_Debt_Held_By_Public_as_of_Feb._2023.png https://en.wikipedia.org/wiki/National_debt_of_the_United_St...

ceejayoz 2y ago
"About as much as our post-WWII golden age" seems OK. We'll see about "projected".
- queuebert 2y ago
  Debt to GDP ratio was not the reason for our post-WWII success.
  - ceejayoz 2y ago
    But it certainly didn’t seem to guarantee certain doom as claimed sometimes these days.