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U.S. national debt

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Dear OTA: Could you please answer the following:

In 2003, the U.S. national debt totaled approximately 6.7 trillion dollars, or roughly $100,000 per family in the United States. Although the government has occasionally paid off parts of the debt, in general the amount is growing rapidly.

Should the government/private citizens be concerned about the size of the national debt?
Do you think the country would be better off with zero debt?
Are there any positives associated with the debt?

Thank you!

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https://brainmass.com/economics/bonds/u-s-national-debt-172024

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Dear OTA: Could you please answer the following:

In 2003, the U.S. national debt totaled approximately 6.7 trillion dollars, or roughly $100,000 per family in the United States. Although the government has occasionally paid off parts of the debt, in general the amount is growing rapidly.

Should the government/private citizens be concerned about the size of the national debt?
The government and private citizens need to be concerned about the size of the national debt because of the following:
1. The public will have to pay an increased amount of taxes that are ...

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account deficit

The media and others suggest that the current account deficit run by the U.S. is a problem for the economy. What do you think? What action(s) would you advise federal government officials to take on this issue?

Additional Comments: The current account is equal to the difference between the value of exports and the value of imports (called net exports), plus net factor income (wages, salaries), plus net unilateral transfers(people or companies sending home money).
The component that we are concerned with is Net Exports

When there is a deficit, then more is going out than is coming in. However, as we saw in the textbook and chat, the US has historically attracted financial capital into the US.
What happens when those $ from foreigners are invested here? What happens if they are spent on consumption?

Note: The Current Account Deficit is not the same thing as the US Federal Government's Budget Deficit.

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