Wesbury’s Outlook – Higher Rates Won’t Cause Debt Spiral

By |2018-05-30T09:41:53-04:00May 30th, 2018|Debt, Financial, Interest Rates, Policy|0 Comments

For decades, investors have feared the national debt growing to unsustainable levels and destroying the US economy. Back in 1981, the public debt of the federal government was $1 trillion; today it's more than $21 trillion. At some point, their theory goes, additional debt is going to be the fiscal straw that breaks the camel's [...]