It's a New Day: 5-18-26 US national debt surpasses economy 1st time since WWII

About this episode

The episode discusses the U.S. national debt surpassing the economy for the first time since WWII.

Reactions to the U.S. national debt held by the public recently crossing a historic, psychological threshold, surpassing the size of the total U.S. economy. Federal data shows that public debt stood at $31.27 trillion against a nominal GDP of $31.22 trillion, equating to a debt-to-GDP ratio just over 100% for first time since the aftermath of World War II (when the ratio peaked at 106% in 1946) that America's national debt has outpaced its gross domestic product outside of brief, temporary pandemic-induced spikes.

People in this episode

Host: Rip Daniels

Topics covered

• national debt
• economy
• debt-to-GDP ratio
• historical analysis
• federal data
• public debt

Keywords

• national debt
• U.S. economy
• debt-to-GDP
• federal data
• historical threshold

Mentioned in this episode

Organizations: U.S. economy

Places: United States

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