How the National Debt HARMS YOU

WATCH talk show host Carl Jackson interview Just Facts president Jim Agresti on SNC Tonight about how the national debt HARMS YOU.

CORRECTION: Agresti said that the federal deficit is 27% of its revenues, but the actual figure is 38%!

SOURCES:

Consequences of the National Debt
https://www.justfacts.com/nationaldebt#consequences

Shrinkflation Is a Form of Inflation
https://research.stlouisfed.org/publications/page1-econ/2022/12/01/beyond-inflation-numbers-shrinkflation-and-skimpflation

Causes of Inflation
https://www.justfacts.com/monetarypolicy#inflation

Federal Deficit Spending
https://www.justfacts.com/nationaldebt#causes

Economic Effects of Immigration From Impoverished Nations
https://www.justfactsdaily.com/effects-of-immigration-from-impoverished-nations

The Federal Government Had Revenues of $4,439 Billion in 2023 and a Deficit of $1,695 Billion
https://www.cbo.gov/system/files/2024-02/59710-Outlook-2024.pdf#page=16
CALCULATION: $1,695 / $4,439 = 38%

Politics of the National Debt
https://www.justfacts.com/nationaldebt#politics-public

About Carl Jackson
https://thecarljacksonshow.com/all/about

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