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WSJ Special OfferLimited shipping areaswsjshop.com/products/subscription-offer?variant=44050464014534&country=US¤cy=USD&utm_medium=product_sync&utm_source=google&utm_content=sag_organic&utm_campaign=sag_organic&srsltid=AfmBOoo5qP982kYV9w1ngU99-JZKZ8srSNvIPBrSzVRt-QOLlEg3-zRUW6gOne of the core issues between Elon Musk and President Donald Trump’s feud is over Republican’s “big, beautiful bill” in Congress. Musk is concerned about how much it raises the national debt.
The U.S. national debt is on its way to $30 trillion dollars and is projected to be more than 100% of GDP at the end of this year. So is that… bad? Let’s look at what the debt is, how it affects the economy and how much is too much.
Chapters:
0:00 Nerves about U.S. assets
0:55 How the debt works
1:53 How much debt is bad?
3:06 The interest payment problem
3:40 When the debt becomes unsustainable
6:14 How to fix it
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Trump #Economy #WSJ
The U.S. national debt is on its way to $30 trillion dollars and is projected to be more than 100% of GDP at the end of this year. So is that… bad? Let’s look at what the debt is, how it affects the economy and how much is too much.
Chapters:
0:00 Nerves about U.S. assets
0:55 How the debt works
1:53 How much debt is bad?
3:06 The interest payment problem
3:40 When the debt becomes unsustainable
6:14 How to fix it
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Trump #Economy #WSJ