Hello cawacko,
That could be because we normally should not have to pay it down.
As long as GDP rises faster than debt, then the Debt/GDP ratio improves.
Most people don't understand why this is an important metric to watch.
There is something more important than the debt.
That is the Debt/GDP ratio.
Check out this valuable resource:
http://www.usdebtclock.org/
Notice the debt is $21 trillion.
The GDP is $19.9 trillion.
The ratio of Debt/GDP is 106.2%.
That last figure is the most important figure.
Some debt is healthy up to a certain point.
Our problem is not that we have debt.
It is that the debt we have is too high for the size of our economy.
Obviously, a larger economy can carry a larger debt than a small one can, so the amount that is OK depends on the size of the economy. That's why we look at the Debt/GDP ratio.
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