Question: How can I explain the rationale for why the national debt has reached levels that will equate to some 75 percent of gross domestic product

How can I explain the rationale for why the national debt has reached levels that will equate to some 75 percent of gross domestic product within the next three or four years? Is this a good or bad thing?

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Answer In recent years the national debt has increased to historically high levels as a result of a ... View full answer

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