The Political Orphanage cover image

What Happens with the National Debt

The Political Orphanage

00:00

The History of the US Government

If a government program generates so much money that it pays for itself, I would call that physically prudent. But an 8-to-1 return is not the historic track record of the US government when it invests your money for you. The economic growth resulting from the 2021 bipartisan infrastructure law will pay for about 2% of grossed costs through dynamic feedback. That's well below the 800% you would need to get to be self-financing.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app