Bunker USA: America’s economy faces a Liz Truss moment
The Bunker – News without the nonsense
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Introduction
There's a legal limit on how much the United States federal government can borrow in debt markets. The line consistently from hardline Republicans is that raising the debt ceiling is about spending more money. More knowledgeable commentators say it is about paying expenses already incurred. My guest today is Professor of Political Economy at Stanford, Neil Mulhotra. He is the co-author of Leading with Values and the Editor of Frontiers in Social Innovation.
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