The Deficit Mess & Other Upcoming Landmines

Four years ago EmpowerU discussed the finances of the U.S. Government and looked at the question—Is the U.S. the Next Greece? Join Dan this semester as we take new look at what has happened to our Government spending since a Republican administration took over in the White House in 2016.

The Tea Party was started in 2009 with its stated goal of Fiscal Responsibility being one of its most important goals. How did the Tea Party and its followers do? We will take a look at the budget of the U.S. Government and make it simple for you to understand. Where does the United States get its revenue? What are it’s expenses? What is the Debt? What is our Deficit? What happens if the Government takes on some of the wish lists that the Democratic Candidates are talking about: The Green New Deal, Reparations, Forgiveness of Student Debt and Free Health Care? What happens when interest rates start to rise like they must do at some point in time? What other landmines are just around the corner?

Recorded on November 14th, 2019

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