What are adverse effects of the national debt, besides being in debt and having to pay for it later?

What are oure opinions on the matter, how can we try to improve national debt... would decreasing the unemployment rate help? What about decreasing interest rates and lowering inflation?

What are adverse effects of the national debt, besides being in debt and having to pay for it later?care credit

Decreasing interest rates can actually spur inflation rather than curb it. That is why the Fed keeps raising interest rates.

What are adverse effects of the national debt, besides being in debt and having to pay for it later? loan

Those are all basic economic questions, you should take a course on macro economics to help you understand all of those different factors.

My favorite economist is very good at explaining things very simply. Please check out his webpage and read his articles on economics.

The second link is an interesting article about the national deficit.|||Nations like China and India are gaining on us economically, and fast. Oher countries like Brazil and Argentina are gaining, too, just not as fast. The EU can devalue its monetary units with only protest from the USA; the USA has lost her power to actually do anything the other countries want to do (except we can still bully them militarily, but our allies know we won%26#039;t go to war against them).|||this is just another plot to over throw america and to begin the new world order!!! they are destroying us from within!!!