Kai Risdahl
๐ค SpeakerAppearances Over Time
Podcast Appearances
Delta plans to raise airfare, raise baggage fees.
We, the United States, that is, spend way, way more than we take in.
We, the United States, that is, spend way, way more than we take in.
The way we cover that shortfall, the deficit that accumulates every year and that adds up to the national debt, the way we cover that is by borrowing a lot.
The way we cover that shortfall, the deficit that accumulates every year and that adds up to the national debt, the way we cover that is by borrowing a lot.
And who the Treasury Department borrows from does make a difference.
And who the Treasury Department borrows from does make a difference.
Over the past couple of decades, the share of U.S.
Over the past couple of decades, the share of U.S.
government spending being backrolled by foreign countries has been falling.
government spending being backrolled by foreign countries has been falling.
And as Marketplace's Supriya Beneshul reports, that affects almost everyone in this economy.
And as Marketplace's Supriya Beneshul reports, that affects almost everyone in this economy.
The U.S.
is $31 trillion in debt to the public.
is $31 trillion in debt to the public.
That is, for reference, about as much as the entire U.S.
That is, for reference, about as much as the entire U.S.
economy produces in a year.