U.S. Government Debt Unsustainable

4 months ago
6

Sources:
[1] Getty Images. NA. American Money being printed. BBC. Available from: https://www.bbc.co.uk/news/business-50579897 [Accessed 15 Feb 2024]
[2] Getty Images. 2021. Jerome Powell is set to stay in the role for another four years. BBC. available from: https://www.bbc.co.uk/news/business-59340779 [Accessed 15 Feb 2024]
[3] 60 Minutes. 5 February 2024. Fed Chair Jerome Powell: The 2024 60 Minutes Interview [online]. CBS News. Available from: https://www.cbsnews.com/video/fed-chair-jerome-powell-60-minutes-video-2024-02-04/ [Accessed 15 Feb 2024]
[4] NA. NA. What is the national debt? - Funding Programs & Services [online]. Treasury.gov. Available from: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/#:~:text=making%20less%20money.-,The%20national%20debt%20enables%20the%20federal%20government%20to%20pay%20for,spending%20further%20increases%20the%20deficit. [Accessed 7 Feb 2024]
[5] NA. NA. What is the national debt? [online]. Treasury.gov. Available from: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/#:~:text=To%20pay%20for%20this%20deficit,%2Dprotected%20securities%20(TIPS)%20. [Accessed 7 Feb 2024]
[6] NA. NA. What is the national debt? - Maintaining the National Debt [online]. Treasury.gov. Available from: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/#:~:text=Maintaining%20the%20National%20Debt&text=As%20of%20December%202023%20it,over%20the%20past%20ten%20years. [Accessed 7 Feb 2024]
[7] Statistica. 4 December 2023. Public debt of the United States from 1990 to 2023. Statistica. Available from: https://www.statista.com/statistics/187867/public-debt-of-the-united-states-since-1990/ [Accessed 7 Feb 2024]
[8] NA. 2023? Total Public Debt as Percent of Gross Domestic Product. Investopedia. Available from: https://www.investopedia.com/us-national-debt-by-year-7499291 [Accessed 7 Feb 2024]
[9] Fiscal Data, U.S. Department of the Treasury. “Historical Debt Outstanding. Available from: https://fiscaldata.treasury.gov/datasets/historical-debt-outstanding/historical-debt-outstanding [Accessed 7 Feb 2024]
[10] NA. NA. IV Economic Justice & Sustainability - M: National Debt [online]. Green Party US. Available from: https://www.gp.org/economic_justice_and_sustainability/#ejNationalDebt [Accessed 11 Feb 2024]
[11] Lena Petrova. 6 Feb 2024. FINALLY: Fed Chair Powell Says Economy Is In Trouble, Government Spending Is Unsustainable. Lena Petrova, CPA - Finance, Economics & Tax. Available from: https://www.youtube.com/watch?v=c3yRbLrsRl0 [Accessed 6 Feb 2024]

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