LongTimeFirstTime Our GDP per capita rank is 14th, behind Switzerland, England and France. And inflation works wonders on national debts. It effectively transfers a portion of the risk from the the debt to bond holders.The debt grew from $29,617 trillion in 2021 to $30,824 trillion in 2022, which was less than the inflation rate. Still, spending less is one way to reduce the debt. I look forward to seeing the Republican proposal as to exactly where and how to cut spending.

LongTimeFirstTime Our GDP per capita rank is 14th, behind Switzerland, England and France. And inflation works wonders on national debts. It effectively transfers a portion of the risk from the the debt to bond holders.The debt grew from $29,617 trillion in 2021 to $30,824 trillion in 2022, which was less than the inflation rate. Still, spending less is one way to reduce the debt. I look forward to seeing the Republican proposal as to exactly where and how to cut spending.

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