Why do people talk so much about the national debt?

The national debt is a significant issue that affects everyone, which is why people talk about it frequently. The national debt refers to the amount of money owed by a government to its creditors, which is usually expressed as a percentage of the GDP. The U.S. national debt is over $28 trillion and is expected to continue rising in the coming years.

People talk about the national debt because it affects various aspects of the economy and people's lives. High levels of debt can lead to inflation, lower economic growth, and higher interest rates. If the debt becomes too high, the government may have to cut spending on social programs, education, and infrastructure. Taxes may also increase to pay off the debt, which can impact people's personal finances.

The national debt can also impact the value of the dollar and the U.S.'s standing in the world economy. Many experts believe that the debt is unsustainable and poses a long-term risk to the nation's economic stability. Therefore, the public and politicians often engage in discussions about how to manage and reduce the national debt.