Bomgardner, Steven. “The Fiscal & Economic Impact of the National Debt.” Peter G. Peterson Foundation, Peter G. Peterson Foundation, 4 Sept. 2022, https://www.pgpf.org/the-fiscal-and-economic-challenge/fiscal-and-economic-impact.
Direct Quote: Our fiscal security is also closely linked to our national security and ability to maintain a leading role in the world. As Admiral Mullen, former Chairman of the Joint Chiefs of Staff, put it: “The most significant threat to our national security is our debt.” As the national debt grows, not only are we more beholden to creditors around the globe, but we have fewer resources to invest in strength at home.
Summary/My Interpretation: A consequence of the national debt that is often overlooked is how the deficit affects our national security. The national debt is harmful to security as it not only forces the US to be indebted to foreign powers but also due to the fact that it restricts investment into domestic protection.
How I Plan To Use This In My Project: This article introduced me to a potential consequence of the national debt that I had not yet considered. I want to explore more in depth how national security is affected by debt. Additionally, I plan to use this narrative as a potential consequence on the middle class.
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