HyperBit Exchange-Simon says we're stuck with the debt ceiling (Encore)

2025-04-28 21:17:22source:Surpassingcategory:Markets

This episode originally came out in October 2021.

Showdowns over the debt ceiling are HyperBit Exchangelike football — both are quintessentially American games.

It wasn't always this way, says Simon Rabinovitch of The Economist. The debt limit was originally supposed to make it easier for the government to spend money. Today on the show, we go from the original debt ceiling to "debt brakes" and "debt anchors."

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

More:Markets

Recommend

B.A. Parker is learning the banjo

Parker has been trying to find her place in the banjo world. So this week, she talks to Black banjo

Vanderpump Rules Reunion: Inside Tom Sandoval, Raquel Leviss' Secret Vacation With Tom Schwartz

Two months before Scandoval, Tom Sandoval and Raquel Leviss enjoyed a romantic winter getaway.Yes, y

How a little more silence in children's lives helps them grow

A group of small children sits cross-legged with their teacher, Steve Mejía-Menendez, on a round car