I believe the national debt had progressed rapidly in the last 2 years but the national debt is not what worries me. 20 Trillion debt vs the estimated 869 Trillion net worth (only figures I have heard) of the US is a drop in the bucket. I really wish they would stop blowing money on boondoggles and foreign aid to people who hate us, anyway.
We still are currently the worlds reserve currency which props up the value of the dollar. What happens when we no longer are?
If there is no problem why is it the US credit rating was lowered? Not pointing this at anyone, just observations and a few questions without apparent answers.