As shown in the chart below, a picture is often worth a thousand words. Since the year 2000, Federal debt has increased almost 200%, going from 57% of GDP to 105% of GDP (we now beat out Sudan!). Simultaneously, GDP rose just 60% and total private sector jobs fell.
Do we really need more Federal debt spending to “help” the U.S. economy?
The Caesar Rodney Institute is Delaware's Only General Public Policy Organization Committed to Protecting Individual Liberties and Preserving Fiscally Responsible and Efficient Government for the Common Good.