alt Hacker NewsGross debt to GDP ratio in the US has fallen from 130% in 2021 to under 125% now. It'll likely tick back up closer to 130, but it's been relatively flat.
Economic growth and inflation have kept pace with gross debt for a long time, and if the US continues to stay on top of the tech industry, the raw numbers will likely continue not to matter.
> Gross debt to GDP ratio in the US has fallen from 130% in 2021 to under 125% now.
Most of that was inflation, so it hurts U.S. citizens. I mean, you could reduce it even further pretty easily, but I'm not sure you would want to pay $1,000+ for a Big Mac.