Stop US Deficit Spending.com
Gradually being updated to current data.
Under revision.  Updated 1/20/25.     email: researcher@stopusdeficitspending.com
[since 1/20/25.  Initially posted 5/1/20]

     Is President Trump's promised Golden Age of American prosperity doable and sustainable?  It is probably doable from 2025-2028, but since it is based on debt-fueled prosperity, it is probably not sustainable sometime after 2028 due a growing 36.2 trillion dollar US federal government debt [as of 1/20/25].

     How much money will U.S. President Donald Trump borrow from the future in the form of increased US federal government debt to produce an amazing (but probably eventually unsustainable due to a large and growing US federal government debt) Golden Age of American prosperity from 2025-2028?  The more money U.S. President Donald Trump and the U.S. federal government borrow, the more amazingly economically prosperous America's next 4 years from 2025-2028 will be, but the more the US federal government will owe in the future.  The republicans have cut taxes under presidents Reagan, Bush, and Trump at the cost of increased federal deficit spending and debt.  Will Trump try to cut taxes one more time, despite a growing 36.2 trillion dollar US federal government debt [as of 1/20/25]?  Americans might prepare for 4 years from 2025-2028 of Trump-led American prosperity, followed by some economic crunches when Americans' cope with eventual shortfalls (in the form of higher U.S. federal government taxes and/or less U.S. federal government spending and services) as 1) the federal debt of 36.2 trillion dollars [as of 1/20/25] keeps going up and 2) the cost of servicing the growing U.S. federal government debt of 36.2 trillion dollars [as of 1/20/25] probably keeps going up.

     I have posted long term warnings since 2005 at EmpowermentResources.com about US federal government deficit spending and unsustainable heavily debt-fueled US prosperity fueled by a growing 36.2 trillion dollar US federal government debt [as of 1/20/25] and the US federal government unsustainably borrowing an estimated 1 trillion dollars or more per year including increased borrowing in 2020-2025.
     Unfortunately, in 2020-2025, US federal government deficit spending increased while the US federal government borrowed and spent extra money to cope with the deadly and costly coronavirus disease 2019 and the COVID-19 global epidemic.

     To better understand the history of the growing US federal government debt, see a 2019 version of America's Debt Explained in 10 visualizations.

     Debt-to-GDP ratio is a key measure of a government's debt level and its level of fiscal responsibility.  The IMF or International Monetary Fund estimates [as of 1/20/25] that the US has a relatively high 124.12% debt-to-GDP ratio after the COVID-19 epidemic.  This IMF chart shows the changes in the US federal government's debt-to-GDP ration from 1950-2023.


Copyright © 2025 by Ed Harding