Why Our Fiscal Mess Makes Emergencies Worse For Everyone
Federalist Radio Hour
Radio America
4.5 • 3.3K Ratings
🗓️ 18 March 2022
⏱️ 38 minutes
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| 0:00.0 | We're back with another edition of the Federalist Radio Hour. |
| 0:20.8 | I'm Emily Gisinski, culture editor here at the Federalist. |
| 0:23.2 | As always, you can email the show at radio at the Federalist.com. |
| 0:26.1 | Follow us on Twitter at FDRLST. |
| 0:28.4 | Make sure to subscribe wherever you download your podcasts as well. |
| 0:31.8 | Today we're joined by the Mercado Seniors, Vironek D'Arugie. |
| 0:36.0 | Vironek, thank you so much for your time today. |
| 0:38.2 | Thanks for having me. |
| 0:39.6 | Absolutely. |
| 0:40.6 | I want to start with something that you wrote recently. |
| 0:43.0 | You say, and this is as it pertains to Congress's attempts to send aid money to Ukraine, |
| 0:48.9 | you say, in addition, this is a reminder that when an emergency occurs, it is better to |
| 0:52.4 | have one's fiscal house in order, as to be able to pay for unexpected needs without adding |
| 0:58.1 | to the country's already large deficits. |
| 1:01.1 | This is essentially important when inflation is already raging as a result of overspending |
| 1:06.4 | and a too accommodating monetary policy. |
| 1:09.0 | I want to break that down point by point because it covers so much ground. |
| 1:13.6 | It's ground that a lot of people actually are not covering at all or talking about because |
| 1:18.6 | it does seem as though the fiscal issues get put on the back burner anytime understandably |
| 1:24.0 | so there is an emergency, but can we start with your first point about the aid money to |
| 1:29.4 | Ukraine, its effect on the deficit and why emergency situations sort of highlight how messy |
| 1:37.5 | our fiscal houses at any given moment basically. |
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