Editor Note: On March 03, 2025 this page was renamed to US Economy. I think it will better reflect what the content of the page will be about.
Recent analyses of the United States’ debt trajectory have prompted serious concerns among financial experts and policymakers. Ray Dalio, founder of Bridgewater Associates, warned that the nation could face a financial “heart attack” if the escalating debt issue remains unaddressed. He emphasized that interest payments are consuming an increasing portion of government budgets, likening unchecked debt accumulation to plaque buildup in arteries. businessinsider.com
The Congressional Budget Office (CBO) projects that the national debt will surge by $23.9 trillion over the next decade, a figure that excludes potential additional tax cuts. This projection suggests that, without significant policy changes, the debt could reach unprecedented levels, intensifying concerns about fiscal sustainability. apnews.com
David K. Young, President of the Committee for Economic Development, highlighted the urgency of addressing the fiscal trajectory, stating, “We are facing $36 trillion in outstanding national debt and an annual budget deficit of $1.9 trillion.” He stressed that the deteriorating fiscal outlook necessitates immediate reforms to the federal budget process to prevent further escalation of debt and to restore confidence in the nation’s financial management. conference-board.org
Stock Markets
Adding some market trackers here so they can be referenced on the site.
Dow Jones Industrial Average
NASDAQ
S&P 500