The Growing Concerns of National Debt

The current national debt has reached around $30 trillion, with the debt-to-GDP ratio nearing 100 percent, raising significant concerns among economists. The annual interest payments on this debt have surpassed $1 trillion, and both political candidates have avoided discussing the issue despite its urgency. The analogy of gaining weight is used to illustrate how the gradual increase in debt can lead to a critical point where immediate action becomes necessary. Rising debt levels combined with a lack of proactive fiscal policies suggest that a financial crisis could occur within the next decade if the current trends continue.