Long-term impacts on the US economy
Please write some long-term impacts on the US economy based on the article I provided.
introduce about the impacts
see attachment.
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The US economy could be in great danger of ending up in great dangers of increased public and private debt, national deficits which might contribute to reduced productivity in the country. The rivalry between the Republicans and democrats is the main contributing factors towards the issue of public debts and deficits recorded each year. Most of the spending conducted by the US government contributes to the buildup of national debts taken to facilitate towards the achievement of some crucial activities in the nation. As the Secretary of Treasury presents the matter, the US is ending in a situation where the debts are exceeding the available funds for spending on crucial sectors.
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