“Mushrooming national debt,” the headline says.
What followed is a question-and-answer story prefaced with the notion that, with “public debt (at) an all-time peak, you might well wonder where our national debt is heading.”
It could have come from any newspaper in 2025, but this was a syndicated piece Americans woke up to in May of 1965, more than 60 years ago.
It also illustrates one of the reasons many people may not take today’s national debt seriously.
Americans have been hearing the same thing for decades now, and yet the nation has been on a steady arc of prosperity.
What followed is a question-and-answer story prefaced with the notion that, with “public debt (at) an all-time peak, you might well wonder where our national debt is heading.”
It could have come from any newspaper in 2025, but this was a syndicated piece Americans woke up to in May of 1965, more than 60 years ago.
It also illustrates one of the reasons many people may not take today’s national debt seriously.
Americans have been hearing the same thing for decades now, and yet the nation has been on a steady arc of prosperity.
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