Cliff Notes: The U.S. is $31 Trillion in Debt
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 21 May 2023
⏱️ 5 minutes
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Summary
In this Cliff Notes, we discuss the record breaking Debt the United States has accumulated and the Federal Government are looking to raise rates.
#earnyourleis
ure #debt #unitedstates
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Transcript
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| 0:00.0 | Let's talk about the Death Seal. |
| 0:01.1 | So the Death Seal was raised and then our good old |
| 0:06.6 | fine y'all. |
| 0:07.8 | Good old Janet Yellen has said that the ceiling |
| 0:12.4 | is probably gonna run out first. |
| 0:15.2 | That was pretty quick. |
| 0:16.2 | What's the deal with this? |
| 0:18.4 | This usually happens at the last minute they end up raising it, |
| 0:21.6 | but I am really concerned about our country right now |
| 0:26.6 | how much that we have. |
| 0:28.6 | Let me go to the book real quick. |
| 0:31.6 | If I go to America's Death Clock, |
| 0:33.6 | we are currently at |
| 0:36.6 | 31.7 trillion. |
| 0:41.6 | I mean, it's $94,000 per citizen, |
| 0:46.6 | 240,000 per taxpayer. |
| 0:49.6 | And I don't have the answer to how to fix this. |
| 0:51.6 | I don't, I'm sure it's always they'll raise it selling |
| 0:55.6 | because of course going into an election, |
| 0:57.6 | you can't have that kind of dead loom in over you. |
| 1:01.6 | It's not good for any candidate, but |
| 1:05.6 | I'm just when I look at the overall macro picture for us, |
... |
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