Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This
national debt
–noun
the financial obligations of a national government resulting from deficit spending.
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trade deficit
noun
an excess of imports over exports
The difference is national debt is the financial obligation, while trade deficit is merley excess of imported goods
National debt is $9.4million
I believe the national debt is more detramental to the U.S. economy. We must stop spending on all the imports, and fix the debt first.
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