What are the real-world economic consquences of a huge national deficit?

Question

I’m a middle aged dude with a family, own a house, have four kids, investments, all the adulting things.

However, I’m still not sure how a multi-trillion dollar national defecit seeps down to affect my day-to-day life

In: 492

Answer 1

Check out his link it shows the numbers live on a scoreboard. https://www.usdebtclock.org/

The national debt is your debt, and the unfunded liabilities are your liabilities.