meta_pixel
Tapesearch Logo
Log in
Beau of The Fifth Column

Let's talk about the debt ceiling not mattering....

Beau of The Fifth Column

Beau of The Fifth Column

Society & Culture

4.8965 Ratings

🗓️ 26 December 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Let's talk about the debt ceiling not mattering....

--- Support this podcast: https://podcasters.spotify.com/pod/show/beau-of-the-fifth-column/support

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:04.0

So today, we're going to talk about the debt ceiling, your questions, and understanding why it doesn't matter.

0:13.0

In a recent video, I mentioned that the debt ceiling was a financial fiction created by Congress,

0:20.0

and that it doesn't really do what people think it

0:22.5

does.

0:23.7

It's not actually an imposed credit limit on the U.S. as many believe.

0:29.5

Debt-sealing dogma is incredibly ingrained in people, and it led to a bunch of interesting

0:34.9

comments and questions.

0:37.2

Not all of them were polite.

0:40.1

This is one of the nicer ones.

0:43.0

You're an ignorant shill.

0:45.3

You've said there needs to be cuts to the U.S. budget

0:48.5

and have actually given good advice to people about how to look for cuts.

0:56.8

It's clear you think we spend too much.

1:05.0

So, how much did they pay you to say we don't need a debt ceiling? It's the only thing I can think of unless you can explain how you can want to cut the debt and simultaneously not support the debt ceiling to limit the

1:12.9

growth of the debt. I'm very disappointed. First, I have to ask, who is they? Congress? I am so

1:24.2

confused over who you think would pay to have somebody say the debt ceiling doesn't

1:29.2

matter.

1:30.6

Now, as far as your requested explanation, I don't support the debt ceiling as a method

1:36.9

of limiting the national debt.

1:38.6

For the same reason, I don't support listening to Beatles albums backward while standing on one foot as a method of

1:47.1

limiting illiteracy. It doesn't work, and there's no real evidence to suggest that it would.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Beau of The Fifth Column, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Beau of The Fifth Column and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.