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The U.S. national debt surpassing $34 trillion is a major challenge, and while government policies play the biggest role in addressing it, we can also contribute. Here’s a potential solution: Reduce Government Spending, Increase Revenue (Without Overburdening Citizens)(We are going to have to chip in for the next 25 years or so), Reduce Interest Payments on Debt with China.
What else? Advocate for Fiscal Responsibility in government to our representatives, Encourage Economic Growth, Personal Financial Responsibility, and Support Efficiency Initiatives. A mix of government action and citizen participation can lead to long-term fiscal stability. We are going broke rapidly! What’s your take?
