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Acton Unwind

Is the American Economy Toast?

Aug 5, 2024
44:42

This week, it’s Eric’s final episode hosting Acton Unwind. Bye, Eric! He’s joined by David and Dan to discuss the national debt hitting $35 trillion. That seems bad. Then they discuss Republican VP nominee J.D. Vance’s recent comments that it would be worth $10 million to save a single toaster-manufacturing job in America. That seems expensive. And finally, the stock market is tanking. How bad is that?

 

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U.S. National Debt Tops $35 Trillion for First Time | New York Times

 

J. D. Vance’s Toaster-Making Dreams Would Burn American Manufacturers | National Review

 

To Fix Economics, Try Teaching Economics | Alex Salter, Econlib

 

Dow drops 1,000 points, Nasdaq craters 4% in global market rout | CNBC

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