
Episode 88: When Is This Year’s “Deficit Day”?
Words & Numbers
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The Problem With Interest Rates
The government receives about as much in terms of income from the American people as it can legitimately hope to receive. Unfortunately, it spends out way, way more. That's what gives us the $21 trillion debt that we are becoming increasingly comfortable saying we will never pay back. The looming question is whether we'll be able to afford the interest on it.
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