{"id":46254,"date":"2026-07-04T15:57:12","date_gmt":"2026-07-04T19:57:12","guid":{"rendered":"https:\/\/blog.ckms.ca\/?p=46254"},"modified":"2026-07-04T15:57:13","modified_gmt":"2026-07-04T19:57:13","slug":"from-71-million-to-39-trillion-u-s-national-debts-250-year-climb","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=46254","title":{"rendered":"From $71\u00a0million to $39\u00a0trillion\u2014U.S. national debt\u2019s 250-year climb"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/07\/image.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"731\" src=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/07\/image-1024x731.png\" alt=\"\" class=\"wp-image-46256\" style=\"width:170px;height:auto\" srcset=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/07\/image-1024x731.png 1024w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/07\/image-300x214.png 300w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/07\/image-768x548.png 768w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/07\/image-675x482.png 675w, https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/07\/image.png 1120w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>\n\n\n<p>The national debt has accompanied America through wars, crises and its journey to becoming the world\u2019s leading superpower.<\/p>\n<\/blockquote>\n\n\n\n<p>Source: <em><a href=\"https:\/\/www.newsweek.com\/from-71-million-to-39-trillion-u-s-national-debts-250-year-climb-12084747\">From $71&nbsp;million to $39&nbsp;trillion\u2014U.S. national debt\u2019s 250-year climb<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>tl;dr: no worries!<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Elmendorf believes this could in the future trigger a \u201cfiscal crisis,\u201d at which point \u201cinterest rates would spike upward.\u201d<br>However, he told\u00a0<em>Newsweek<\/em>\u00a0that this does not appear imminent, given interest rates on federal borrowing are similar to 2007 and that demand for federal debt \u201chas apparently increased as much as supply.\u201d<br>\u201cWill that continue indefinitely given current policies? No,&#8221; he said. &#8220;When will it stop continuing? Economists don\u2019t know.&#8221;<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Source: From $71&nbsp;million to $39&nbsp;trillion\u2014U.S. national debt\u2019s 250-year climb tl;dr: no worries!&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[18,57],"class_list":["post-46254","post","type-post","status-publish","format-standard","hentry","category-article","tag-economics","tag-usa","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/46254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46254"}],"version-history":[{"count":2,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/46254\/revisions"}],"predecessor-version":[{"id":46257,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/46254\/revisions\/46257"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}