The 2024 presidential race is over, and Donald Trump is back in the White House. The Dow and S&P are celebrating, suggesting investors are optimistic about Trump’s effect on Wall Street.
But, for all the fanfare, we still face an ominous challenge: The nation’s unsustainable debt and deficit. Regardless of who won, with the path we are on, we are all in trouble, unless something changes.
America’s debt recently exceeded $35.88 trillion, a sum so large it's almost incomprehensible.