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Is the federal debt REALLY that bad? : The Indicator from Planet Money

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Is the federal debt REALLY that bad?

Photograph courtesy of Darian Woods Darian Woods/Darian Woods hide caption

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Darian Woods/Darian Woods

Photograph courtesy of Darian Woods

Darian Woods/Darian Woods

Sandwiched between a burger joint and an oyster bar in New York City hangs a daunting image: The National Debt Clock. And that debt number? It just keeps ticking up.

How deep in the hole are we? Nearly a hundred percent of gross domestic product. And counting.

Today on the show, the federal debt. Is it time to freak out? Or is there nothing to see here?

Related Episodes:

The time the US paid off all its debt

Can YOU solve the debt crisis?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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