A workman stands in front of a bus shelter at 18th and K St's NW where an electronic billboard and poster displays the current U.S. National debt per person and as a nation at 35 Trillion dollars in Washington, D.C., on Aug. 8, 2024. Jemal Countess/Getty Images for the Peter G. Peterson Foundation
The national debt just hit $36 trillion, owing to a wild spending binge in the past year to create the impression of a booming economy. It did not work, but now we are left with an enormous fiscal mess that is not easily fixed without some real pain.
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]