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Re: National Debt Tops $22 Trillion
By how much and relative to what? Wait... that's a form of context.
80k+ is a testament to time well wasted, if this is what we are to expect as a general response.
1.) Debt service is a de facto addition to GDP so far as the interest taken from the private sector doesn't result in less investment. Economists refer to this phenomenon as crowding out.
2.) This isn't (really) happening due to the Trump deficits... private investment continues to be the current driver of rGDP:
Once again, you fall flat.
No, what changed was the consumer spending which is the largest component of GDP.
By how much and relative to what? Wait... that's a form of context.
Look, this is a waste of time, I am not going to change your mind or you mine. You see, I understand GDP and the components, apparently you don't. Debt service and entitlement spending aren't components of GDP gov't spending
80k+ is a testament to time well wasted, if this is what we are to expect as a general response.
1.) Debt service is a de facto addition to GDP so far as the interest taken from the private sector doesn't result in less investment. Economists refer to this phenomenon as crowding out.
2.) This isn't (really) happening due to the Trump deficits... private investment continues to be the current driver of rGDP:
Once again, you fall flat.