How does national dept effect future generations?

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asked Jan 10, 2022 197k views

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Axmrnv · Answer 1 · 2022-01-13T02:14:52+0000

Answer:

it slows economic growth, which in turn slows the growth of wages and income. This slower growth occurs mainly due to the phenomenon known as “crowd out,” whereby investors purchase government debt at the expense of making productive investments in private capital.

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ScottyDont · Answer 2 · 2022-01-16T00:24:17+0000

Answer:

rising debt is that it slows economic growth, which in turn slows the growth of wages and income

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How does national dept effect future generations?

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