The Unsustainable US National Debt: A Looming Crisis Ignored by 2024 Presidential Candidates

The United States faces a significant economic challenge in the form of a massive and growing national debt. While politicians have yet to address this issue seriously, experts warn that failing to stabilize the debt could lead to a financial crisis and economic hardship. Although stabilizing the debt at its current level is theoretically possible, it would require politically unpopular decisions such as reforming Social Security and Medicare, and significantly reducing annual deficits. Instead of proposing solutions, current presidential candidates are promoting tax cuts and spending programs that would further exacerbate the debt problem. Experts suggest that only a full-blown crisis will force politicians to address the issue, ultimately leaving the public to bear the cost of inaction.