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Celerity

(55,327 posts)
2. Total US public national debt actually exceeded the US GDP starting in Q4 2012, not a few days ago.
Fri Jun 5, 2026, 05:33 PM
Jun 5

It is now closing in on 125 per cent of US GDP.

It hit a recent high of 132.7 per cent in Q2 2020 under Trump.

https://fred.stlouisfed.org/series/GFDEGDQ188S





The news reports now leave out (falsely making it seem smaller) part of the actual US national debt, ie Intragovernmental Holdings, which are around 8 trillion USD. This is the debt the government owes to its own trust funds, such as Social Security and Medicare.

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