The Ticking Time Bomb of the National Debt: How 2024 Election Promises Could Spell Disaster

The United States faces a significant economic challenge due to its massive national debt, which currently stands at $35 trillion. While some argue that the debt can be managed, experts warn that it could lead to a financial crisis if not addressed.

Both presidential candidates, Kamala Harris and Donald Trump, propose tax cuts and spending plans that would further increase the debt. Experts argue that stabilizing the debt requires significant spending cuts, particularly reforms to Social Security and Medicare. However, neither candidate is willing to campaign on these unpopular but necessary changes.

The article concludes that without a crisis forcing action, politicians will likely avoid addressing the debt problem, ultimately leading to more severe consequences for everyone in the future.