About this episode
US debt hit $36 trillion—117% of GDP—and DOGE aims to cut $2 trillion from yearly spending. Madness or masterstroke? We’re here to argue why it could work. The 1993 cuts sparked a rare surplus—proof it’s doable. Yes, today’s economy leans hard on government spending (35% of GDP), and high interest rates sting, but America’s unique leverage might just hold. Watch to see why DOGE deserves a chance and what’s at stake.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Get every episode summarized
Each time Economics Explained publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Economics Explained
Did Pensions Destroy France?
Economics Explained
Sep 9, 202624:14failed
What Is The Net Worth Of The World
Economics Explained
Sep 2, 202630:49pending
Iran's Economy Was Collapsing … And Then The War Started
Economics Explained
Aug 31, 202616:48pending
Where Has Venezuela's Oil Gone?
Economics Explained
Aug 26, 202616:55pending