Скачать или смотреть Years From Now, US Debt Will Become an Existential Nightmare | FO° Shorts

#us #debt #tax #economy
The US will have a economically existential issue with its debt 20 to 30 years from now. To address the debt problem in the United States would require some combination of revenue increases, which means tax increases, or spending cuts, which means budgetary reductions by the federal government in particular, of about 2–2 1/2% net. To address the structural deficit issue in the United States, the US has been incapable of doing anything, but that is not a grave series of demands and sacrifices that will be called upon if our political system can engender the coherency to do so. So I’m more sanguine about 2025 economically.

Fair Observer is an independent nonprofit media organization that has published more than 2,500 voices from over 90 countries, including statesmen, retired military officers, former diplomats and leading professors, along with some of the brightest young public intellectuals from around the world.

Check us out: https://www.fairobserver.com/​​
Follow Fair Observer on
►LinkedIn:   / fair-observer  
►Facebook:   / fairobserver​​  
►Instagram:   / fairobserver   ►Twitter:   / myfairobserver​​  "