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
Subscribe to Carl’s Show:
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Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWUyN2E0NTEtZTZlNi00YzUxLWFhMDMtYTczNzAwMDM3ODNjL2Y5ZmFlNWEzLTQxNDEtNDVmMS04ZWRhLWE4NDAwMDA1ZTc4Zi8wNzI4ZGQ4NC1kNThjLTQ5NTQtOGI5OS1hODQwMDAwNWU3OGYvcG9kY2FzdC5yc3M
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