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What Drives Long-Term National Debt Growth?

January 29, 2018

With the current 106% debt-to-GDP ratio, there’s no doubt that today’s government debt is high. The last time the United States reached this mark, it was during the aftermath of WWII in the late 1940s. But despite nearly historic debt levels, it does not seem that the national debt is a key issue for most citizens and groups. What drives this accumulation of debt in the long run, and at what point does the debt level become so high that it becomes an undeniable and critical issue for the country? Today’s infographic comes from the Peter G. Peterson Foundation, an NYC-based group that focuses on educating people about the fiscal challenges of growing government debt. The graphic illustrates the main factors driving the debt upwards, as well as the potential impact down the road.

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INCA CGIL

Today the Inca CGIL is the first patronage in Italy and abroad for business volumes; contacts each year, over 5 million people in Italy and 600 thousand compatriots living abroad. The Inca is one of the four vertical System Services CGIL, Consisting of Sol (Services Orienta Labour) , UVL (Offices Disputes) and Caaf of authorized service centers tax). Moreover, the Inca is an integral part of the Coordination patronage (Ce.Pa) along with Inas, Ital and ACLI representing the unified headquarters of the largest Italian trade union issue charitable institutions for the elaboration of proposals for improvement of the social security system and welfare even in comparison with Italians public welfare institutions.

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What Drives Long-Term National Debt Growth?