- Published on
The Unsustainable US National Debt: A Looming Crisis Ignored by 2024 Presidential Candidates
- Authors
- Name
- Tiny Tech News
The upcoming presidential election presents a concerning financial outlook as both candidates, prioritizing voter satisfaction over fiscal responsibility, propose plans that exacerbate the already dire national debt situation. Despite warnings from experts, neither candidate is addressing the unsustainable trajectory of Social Security and Medicare, opting instead to either maintain or expand these programs, further contributing to the deficit. While stabilizing the debt necessitates unpopular decisions such as benefit reductions and tax increases, both candidates shy away from these measures, choosing politically expedient promises over sound fiscal policy. This avoidance guarantees a worsening financial situation, ultimately leading to a crisis that will demand far greater sacrifices from the American people.
Read more here