America’s national debt plan is ‘clearly not in order,’ says Ken Griffin—he believes part of the problem is Europeans who ‘don’t want to go to work’

Ken Griffin, the chief executive of Citadel, says the roughly $40 trillion US national debt cannot be resolved by Washington alone. The Treasury confirmed a $2 trillion deficit for fiscal year 2026, with more than half coming from debt interest payments. Griffin urges the United States and its European allies to boost growth and productivity, but his criticism of French working hours was considered oversimplified: in 2023, the United States averaged 1,789 hours worked per employee and a GDP per capita of just under $73,000, compared with 1,412 hours and nearly $99,000 in Norway. He advocates developing data centers, nuclear fusion and robotics, while improving education and attracting talented immigrants.

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