Government Debt Roulette

Now & Then

Vox Media Podcast Network

History, Society & Culture, News Commentary, News

4.9 • 3.7K Ratings

🗓️ 28 September 2021

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of Now & Then, “Government Debt Roulette,” Heather Cox Richardson and Joanne Freeman discuss the dynamics of the current political battle over raising the debt ceiling. Then, they offer an overview of debt in American history, from Alexander Hamilton’s belief in using debt to build the country, to how President Lincoln offset Civil War debt, to the politicization of the debt ceiling by Republicans over the last 30 years. What can debt accomplish? What can debt damage? And how have American views on debt and credit shifted over time? Join CAFE Insider to listen to “Backstage,” where Heather and Joanne chat each week about the anecdotes and ideas that formed the episode. And for a limited time, use the code HISTORY for 50% off the annual membership price. Head to www.cafe.com/history Join us each Tuesday for new episodes of Now & Then, and keep an eye out for live events with Heather and Joanne and the rest of the CAFE Team. Listen to new episodes of Up Against the Mob, Elie Honig’s six-part series about his experiences prosecuting the mafia: cafe.com/up-against-the-mob For references & supplemental materials, head to: cafe.com/now-and-then/government-debt-roulette Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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1:13.0	From Cafe and the Vox Media Podcast Network, this is now and then.
1:20.4	I'm Heather Cox Richardson and I'm Joanne Freeman.
1:23.7	As you may know, our Cafe colleague Ellie Honeg has launched up against the mob, a six
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