Is The U.S. Debt Growing Exponentially?
The U.S. National Debt is growing as you read this paragraph. Take
a look at the Debt Clock below that models this growth.
If U.S. National Debt is Growing Exponentially. . .
If the debt is growing exponentially according to the exponential
growth equation D = Cekt where D is the debt at time t, C
is the debt at time t=0, and k is a growth constant, then debt is
growing in the same way as money compounded in a bank. There
will be a fixed doubling period (See Rule of
70) and inevitably the debt will become unmanageably large.
If the debt is not growing exponentially but is growing at a rate
that is more linear in nature, then perhaps there is still hope at
controlling its growth.
To answer this question, watch the
US Debt Video and
complete the exercise at the end.
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