3min chapter

The New Liberal Podcast cover image

Dodging the Debt Ceiling ft. Ben Ritz

The New Liberal Podcast

CHAPTER

The Debt Limit and Obama's Sequester

Sally Kohn: I'm going to throw a couple statements at you and I just want you to have a hot take at them. The first is that obviously it is an insane idea to hold that debt limit hostage. Idea number two is that Obama should not have, you know, we probably needed a little bit more stimulus with the economy was depressed back then. Idea number three is that right now, spending cuts or tax increases or however you want to lower the deficit is actually quite a good idea because the economy is overheatedAt this point in time, unemployment is as low as it's ever been practically. And so I think it does make sense.

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