Opinion

Krugman’s Accounting of the National Debt Is Jailworthy

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Krugman’s Accounting of the National Debt Is Jailworthy — Paul Krugman joins the Banorte Ixe Plenary Session 2013 in Mexico City on Nov. 6, 2013. Tanya Lara/Shutterstock

James D. Agresti

2/22/2023|Updated: 2/22/2023

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Commentary

The national debt has risen at a blistering pace over recent decades and is now higher than any era of the nation’s history—even when adjusted for inflation, population growth, and economic growth (GDP).

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James D. Agresti

Author

James D. Agresti is the president of Just Facts, a research institute dedicated to publishing facts about public policies and teaching research skills, and a policy advisor to The Heartland Institute.