Source: Libertarian Institute
by Joseph Solis-Mullen
“Just as today, in the years following World War II the United States faced a national debt exceeding 100% of GDP. Yet, by the early 1970s, that figure had fallen to around 30%. Many policymakers and commentators today point back at this period as proof that economic growth and sound fiscal policies can solve America’s current debt crisis. But can we really ‘grow our way out’ of today’s $36.4 trillion national debt the way we did after the war? The numbers suggest otherwise.” (02/25/25)
https://libertarianinstitute.org/articles/can-the-united-states-grow-its-way-out-of-debt