Blog
What Does History Reveal about Reducing the National Debt Burden?
Abstract: A look at the U.S. national debt since World War II reveals that economic growth and fiscal austerity (i.e., spending cuts and raising taxes) are two of the ways to reduce the debt burden.
Keywords: national debt; fiscal austerity;
Access Documents
File(s):
File format is text/html
https://www.stlouisfed.org/on-the-economy/2023/apr/what-does-history-reveal-reducing-national-debt-burden
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2023-04-06