Debt Issues Redux
Apr 4th, 2026 | By Dr. Jim Eckman
As the national debt of the US is a few months from reaching $39 trillion, and perhaps $40 trillion by the end of this year, “ it is puzzling how unperturbed the political class is,” writes George Will. Writer and political agitator Upton Sinclair (1878-1968) said: “It is difficult to get a man to understand something, when his salary depends upon his not understanding it.” Will concludes: “There are no long-term fiscal gains without intense short-term political pains. So, because today’s congressional careers do not yet seem likely to coincide with coming dire consequences, let them come.”

