Elon Musk has been weighing in on the current state of the national debt. It seems logical to be concerned with this subject as inflation is rising and spending is planned to increase.
“True national debt, including unfunded entitlements, is at least $60 trillion – roughly three times the size of the entire US economy. Something has got to give,” Musk tweeted Thursday.
The U.S. national debt currently sits at just over $30 trillion but, as Musk points out, that does not factor in unfunded entitlements and future obligations.
Source: Fox Business