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Concern About the Debt Ceiling Crisis is Exploding on This Political Side

Our latest analysis has revealed fascinating insights about the concern level and engagement of different American political sides regarding the critical issue of the debt ceiling.

  • Google searches in the USA for the term “debt ceiling” has exploded during the past month hitting an all-time high in nearly a decade.
  • As illustrated in the table below, a vast majority of the top searches for the term “debt ceiling” reside in Democrat states, with the District of Columbia leading the pack with a search score of 100.
  • Our analysis suggests that the greater concern among Democrats could stem from their perspective on the potential consequences of failing to raise the debt ceiling.
  • 16 out of the 20 top-searching states were Democratic.
  • 18 out of the bottom 20 searching states, which were the least worried or interested in the debt ceiling, were of Republican affiliation.

Below is the full list of the search score of all the states and their political affiliation during the last 90 days:

Rank State Search Interest Political Affiliation
1 District of Columbia 100 Democrats
2 New Hampshire 33 Democrats
3 Delaware 33 Democrats
4 Rhode Island 31 Democrats
5 Maine 31 Republicans
6 Maryland 30 Democrats
7 Colorado 30 Democrats
8 Virginia 30 Democrats
9 Connecticut 27 Democrats
10 Massachusetts 27 Democrats
11 Minnesota 27 Democrats
12 South Dakota 26 Republicans
13 New Jersey 26 Democrats
14 Oregon 26 Democrats
15 Michigan 26 Democrats
16 Kansas 25 Republicans
17 Vermont 25 Democrats
18 Washington 24 Democrats
19 Pennsylvania 24 Democrats
20 West Virginia 24 Republicans
21 Wisconsin 23 Republicans
22 New Mexico 23 Democrats
23 Illinois 23 Democrats
24 New York 23 Democrats
25 Missouri 23 Republicans
26 Hawaii 23 Democrats
27 Ohio 23 Republicans
28 Wyoming 23 Republicans
29 Arizona 22 Democrats
30 North Carolina 22 Republicans
31 Nebraska 22 Republicans
32 Kentucky 22 Republicans
33 Indiana 21 Republicans
34 Oklahoma 20 Republicans
35 Iowa 20 Republicans
36 Georgia 20 Democrats
37 Alaska 20 Republicans
38 Florida 20 Republicans
39 North Dakota 20 Republicans
40 Idaho 20 Republicans
41 Montana 19 Republicans
42 California 19 Democrats
43 Alabama 19 Republicans
44 South Carolina 19 Republicans
45 Nevada 19 Democrats
46 Arkansas 19 Republicans
47 Texas 18 Republicans
48 Utah 17 Republicans
49 Tennessee 17 Republicans
50 Mississippi 15 Republicans
51 Louisiana 15 Republicans

Source: Google Trends, Wikipedia (based on the last Senate election in each state as of 2022)

These findings shed light on the significant differences in search interest and concern levels between Republicans and Democrats.

While Democrats demonstrate a higher interest in the debt ceiling, some Republican states, such as Maine, also display notable engagement with the issue.

The analysis suggests that Democrats perceive the debt ceiling as a critical issue with broader implications for public spending, social programs, and economic stability.

Conversely, Republicans tend to prioritize fiscal responsibility and reducing government debt, leading to relatively lower search interest.

If the debt ceiling is not raised, it can have significant consequences for the United States. Here are some potential outcomes:

  1. Government shutdown: One possible outcome of not raising the debt ceiling is a government shutdown. The government relies on borrowing to finance its operations and meet its financial obligations. Without an increase in the debt ceiling, the government may not have enough funds to cover its expenses, leading to a shutdown of non-essential government services and layoffs for federal employees.
  2. Default on financial obligations: The debt ceiling determines the maximum amount of debt the government can accumulate. If the ceiling is not raised, the government may be unable to pay its bills, including interest on existing debt, Social Security payments, military salaries, and other obligations. This could lead to a default on the country’s financial obligations, damaging its creditworthiness and causing disruptions in financial markets.
  3. Credit rating downgrade: A failure to raise the debt ceiling and the subsequent default or delayed payments could result in a downgrade of the United States’ credit rating by rating agencies. A lower credit rating would increase borrowing costs for the government, as investors demand higher interest rates to compensate for the increased risk. This would further strain the country’s finances and impede its ability to fund essential programs and initiatives.
  4. Economic impact: The consequences of a failure to raise the debt ceiling would extend beyond the government’s operations. It could lead to heightened uncertainty and reduced confidence in the economy, negatively affecting consumer and business sentiment. Financial markets may experience increased volatility, and borrowing costs for businesses and individuals could rise. The overall impact on economic growth, job creation, and investment would be significant and could potentially trigger a recession.
  • The recorded search rates mark the highest interest in the debt ceiling among Americans since 2014.
Debt ceiling google searches
Source: Google Trends (since 2014)
Debt ceiling searches in usa
Source: Google Trends (last 5 years)

The surge in search interest for the debt ceiling across the country since 2014 indicates a growing awareness and concern among the population.

It highlights the importance of understanding the regional variations and associated political affiliations to gain insights into the public sentiment surrounding this issue.

By communicating the significance of the debt ceiling issue and its implications for different states and their respective political landscapes, we can get a better understanding of this critical financial matter.

As the nation struggles with the implications of the debt ceiling, it is essential to acknowledge and explore the priorities across the political spectrum. By doing so, we can promote a more informed and nuanced public dialogue on economic matters.

Inventive Data
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