AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
Biden's New Tax Plan, Algorithmic Pricing, and Noah's Media Diet
"Econ 102" with Noah Smith and Erik Torenberg
Understanding the Fiscal Deficit
Many people, including the intellectual classes, fail to grasp the significance of the fiscal deficit. The concern is that the United States government is currently borrowing money at a faster rate relative to its economy than it ever has, except in times of war, depression, or natural disaster. This borrowing trend is occurring even during a period when the economy is thriving, which raises concerns about the potential consequences of such high borrowing levels.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode