The Weight of Our Future: Understanding National Debt's Lasting Impact The United States' ballooning national debt poses a significant threat to the economic well being of future generations.
While politicians may downplay its significance, the financial burden they leave behind is a ticking time bomb waiting to explode onto the economic landscape.
Understanding the Burden of Inheritance National debt is created when governments spend more than they take in through taxes and other revenue streams, forcing them to borrow money from investors to make up the difference.