Question: Explain how the U.S. government managed to accumulate a debt of over $9 trillion. To whom does it owe this debt? Is the debt a

Explain how the U.S. government managed to accumulate a debt of over $9 trillion. To whom does it owe this debt? Is the debt a burden on future generations?

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Until 1980 the United States had accumulated a national debt of just under 1 trillion most of it res... View full answer

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