…the US debt to GDP ratio: As you can see, until 1980 during periods of peace and prosperity, the US had generally paid down debt as a share of GDP….

…anti-Keynesian “austerity” measures reduce or instead increase national debt in real terms and, more important (although Williams apparently doesn’t know this), decrease or instead increase debt relative to GDP. But…

…the massively greater load of private debt, and its spectacular runup compared to government debt: This from Steve Keen’s latest. (It’s not very long. There are lots of pictures. It…

…disposable income servicing debt. This is in sharp contrast to Euroland where household debt stands at around 60% of GDP. The picture looks a little different if you look at…

…year to pay for student loan debt. Many low-income taxpayers who took out debt decades ago and who have tried to pay this debt back, find – with accrued interest…

…seems to understand that broad-based debt forgiveness would be a political liability.  But even a targeted approach to debt relief through executive action seems like an incredible kludge.  We need…

Start to cancel some of the loans instead. Student loan debt is now the second-highest consumer debt category after mortgages. Student loan debt in the United States totals $1.777 trillion; annual growth resumed…

I did this a couple of years ago. What you are looking at is the current Student Loan Debt carried by former students. Also included is the ages of each…

…deficit are all done based on income. The numbers look huge. $16.5 trillion in debt. Deficits to add to the debt in the trillions and only $14 trillion per year…

…debt ceiling matter is so susceptible of misrepresentation that “raising the debt ceiling” means increasing budget appropriations, when actually it means making available enough money to pay bills already accrued…