Former Trade Talks co-host brings you her new podcast, “The Economics Show with Soumaya Keynes”. New episodes available on Apple, Spotify, Pocket Casts or wherever you listen. US government debt is high, and it’s getting higher. The US debt-to-GDP ratio is more than 100% of GDP. The Congressional Budget Office thinks the deficit is headed to 6% of GDP, and a lot of that is just the debt interest. Those numbers sound pretty scary, and neither political party seems ready to do anything about it. Today on the show, we worry about it with Jason Furman, the former chair of the Council of Economic Advisers during the Obama administration, PIIE nonresident senior fellow and current professor of economics at Harvard.
- Series: Trade Talks