Dr. Kuehl Talks All Things National Debt and Stimulus Money.
ASA Chief Economist Dr. Chris Kuehl is back with his weekly “Keeping it Real with Dr. Kuehl” economic update podcast. In Episode 35 (8:01 in length), Dr. Kuehl talks about just how bad the U.S. national debt is and shares some insights on the recent stimulus packages.
- What percentage of the U.S. GDP is national debt?
- What are zombie companies and why are they part of the problem?
- 80 percent of the U.S. federal budget is consumed by five items.
- How did recent stimulus packages factor into the national debt situation?
- Was the 2021 stimulus package a good thing or not so good?
- What can be done to correct this problem?
- What happens if another recession occurs?