Earn Your Leisure
Study Hall: National Debt Reaches New Highs
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:13:02
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Sinopsis
Welcome to Market Mondays, the hub where the latest economic issues meet insightful discussions. In this riveting clip, hosts Ian Dunlap, Troy Millings, and Rashad Bilal delve into some pressing matters concerning the U.S. economy that impact us all.*Key Topics Covered:*1. *U.S. National Debt:* - The national debt is fast approaching a staggering $35 trillion. Ian Dunlap discusses the alarming pace at which it's growing, jumping from $34 trillion in just under a year. The debt to GDP ratio is now at an unprecedented 122%, a far cry from less than two decades ago. 2. *Citizens' Responsibility:* - What can citizens do about the national debt? The notion of voting is brought up, but Ian questions its effectiveness given the current political landscape.3. *Social Security and Medicare:* - Bloomberg projects that Social Security will run out of money by 2033, and Medicare by 2036. Ian and Troy offer sobering insights into what this could mean for future retirees. Rashad emphasizes the importance of