Does High Debt Mean Low Growth?

The U.S. national debt is now $22 trillion for the first time – that’s an increase of over 10% from when President Trump took office. The administration expects today’s growth will be sustained, but it didn’t work out that way for his predecessors....

An episode of the SA For FAs podcast, hosted by Seeking Alpha, titled "Does High Debt Mean Low Growth?" was published on February 14, 2019 and runs 4 minutes.

February 14, 2019 ·4m · SA For FAs

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Summary

The U.S. national debt is now $22 trillion for the first time – that’s an increase of over 10% from when President Trump took office. The administration expects today’s growth will be sustained, but it didn’t work out that way for his predecessors. Reinhart and Rogoff tried to establish debt’s corrosive effect on growth, but their critics were empowered by a research slip-up on their part. I think common sense will ultimately vindicate their view.Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description

The U.S. national debt is now $22 trillion for the first time – that’s an increase of over 10% from when President Trump took office. The administration expects today’s growth will be sustained, but it didn’t work out that way for his predecessors. Reinhart and Rogoff tried to establish debt’s corrosive effect on growth, but their critics were empowered by a research slip-up on their part. I think common sense will ultimately vindicate their view.
Learn more about your ad choices. Visit megaphone.fm/adchoices

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