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Irrational Fear
Irrational Fear
USA Paid 3X More in Interest Payments Than on Climate Disasters in 2022.

USA Paid 3X More in Interest Payments Than on Climate Disasters in 2022.

Putting fiscal emergencies into context.

Dr. Matthew Wielicki's avatar
Dr. Matthew Wielicki
Nov 08, 2023
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Irrational Fear
Irrational Fear
USA Paid 3X More in Interest Payments Than on Climate Disasters in 2022.
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The fiscal landscape of the United States is shaped by a variety of economic obligations and expenditures, among which interest payments on the national debt and costs associated with weather and climate-related disasters are significant. Though seemingly unrelated, a comparative analysis reveals intriguing implications for the national economy.

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In 2022,…

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