The U.S. national debt is now larger than the economy as a whole, hitting levels not seen since the aftermath of World War II, new data has revealed. Figures released by the Bureau of Economic Analysis Thursday place the total debt held by the American public at $31.27 trillion as of March 31. Meanwhile, the country’s nominal gross domestic product was estimated at $31.22 trillion, meaning the national debt as a percentage of GDP stands at 100.2 percent, putting it on course to challenge the historic 106 percent recorded in 1946 during demobilization. The debt stood at 99.5 percent of GDP at the end of the 2025 fiscal year in September, revealing how quickly it has climbed.

  • tomi000@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    2 days ago

    Interesting how nasty someone can become when so overconfidently incorrect. Im wondering how that happens? How would you become so convinced you know what the middle east is when you simply dont?