
Giancarlo Corsetti
An expert discussing the implications of US fiscal policy.
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Sep 20, 2024 • 28min
S7 Ep44: The US is in a fiscal mess
Giancarlo Corsetti, a fiscal policy expert, and Riccardo Trezzi, an analyst of national debt challenges, tackle the alarming rise of U.S. federal debt. They discuss the imminent budget deficits and the stark reality of rising interest payments. Corsetti and Trezzi outline the urgent need for tax hikes and significant government spending cuts to manage this fiscal crisis. They warn against short-term fixes and stress the importance of bipartisan reform to safeguard the economy's future and maintain the dollar's global standing.