The Federal Debt is large and worrisome, but great debates continue because different perspectives produce different trends. The differences point out the fact that we don’t know how it will go. The world is too complex for simple declarative statements. The answers, however, can be bracketed. The likely trend, not too good and not too bad, maybe.
“The Long-Run Outlook For The Federal Budget” – Brookings
Pretending Not To Panic 