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Business & Marketing
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The Federal Debt Clock Live. Business & Marketing Essay (Essay Sample)


Link to:
https://usdebtclock(dot)org/ (Links to an external site.)
The Federal Debt Clock Live
The U.S. Debt stands at 23 Trillion +
Search the debt clock and choose one topic and tell us how it affects the U.S. Economy and consumers, business and government.


Impacts of a High Debt-to-GDP Ratio
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Institutional Affiliation
Impacts of a High Debt-to-GDP Ratio
The debt-to-GDP ratio of the United States has grown from 53.29% in 1960 to 106.70% currently. This means that the country’s public debt is higher than its GDP, and thus suggests that the U.S currently lacks the capacity to pay back its debts. It also has negative impacts on the economy as it slows down growth and growth of businesses, and prompts the government to invest more on its citizens.
One of the impacts of a high debt-to-GDP ratio is feed back into debt levels, mainly through lowering of revenue, increased in interest spending, as well as reducing the GDP levels (Cloyne, Ferreira, & Surico, 2020). 

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