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US National Debt: is $32 trillion a big number?

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Manage episode 366926224 series 1301260
Content provided by BBC and BBC Radio 4. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC Radio 4 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

‘This episode was updated on 26th June to remove an error in how we quantified 32 trillion dollars’ The level of US government debt has just surpassed 32 trillion dollars. Negotiations over raising the borrowing limit once again went down to the wire a few weeks ago. But how concerned should we all be about how much the US government borrows? We investigate with the help of Kent Smetters, professor at the Wharton School of the University of Pennsylvania and Betsey Stevenson, Professor of Economics and Public Policy at the University of Michigan.

  continue reading

1019 episodes

Artwork
iconShare
 
Manage episode 366926224 series 1301260
Content provided by BBC and BBC Radio 4. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC Radio 4 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

‘This episode was updated on 26th June to remove an error in how we quantified 32 trillion dollars’ The level of US government debt has just surpassed 32 trillion dollars. Negotiations over raising the borrowing limit once again went down to the wire a few weeks ago. But how concerned should we all be about how much the US government borrows? We investigate with the help of Kent Smetters, professor at the Wharton School of the University of Pennsylvania and Betsey Stevenson, Professor of Economics and Public Policy at the University of Michigan.

  continue reading

1019 episodes

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