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Debt Ceiling Deal - Short Term Fix to a Long Term Problem
Manage episode 364815856 series 3415392
Innhold levert av David Nelson, CFA, David Nelson, and CFA. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av David Nelson, CFA, David Nelson, and CFA eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
President Biden and Speaker McCarthy have announced a Debt Ceiling Deal. Of course, there is no deal until they can sell it to wary house members on both sides of the aisle. While it keeps the U.S. solvent it is a short term fix to a long term problem.
00:00 Debt Deal
01:07 The Price Tag
01:40 Criticism from both sides
02:43 Short Term Fix
03:09 Real Leaders
03:28 It isn't rocket science
04:04 Taxation
05:44 77,000
06:29 Tax Capital the same as income
07:27 Level the playing field
09:06 Defense Spending
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