Episode 139: Happy Deficit Day!

Season 1 Episode 139

This year, October 3, 2019, is Deficit Day, the day the federal government’s income runs out. For a long time, the government has been spending more money than it collects in taxes. What effect will this have on the average American citizen? How much does the government pay in loan interest alone? Hasn’t the federal government had surpluses? Join James Harrigan and Antony Davies as they crunch the numbers and more on this week’s episode of Words & Numbers.

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Quick hits

Gang leaders

https://www.goodnewsnetwork.org/former-bloods-and-crips-leaders-make-peace-to-stop-gang-violence/

Hate symbols

https://www.cnn.com/2019/09/26/us/adl-new-hate-symbols/index.html?fbclid=IwAR1-5FFWB_7gYooaWLZgmyXo9w9DgeN9IrAc_yLxchsjqReEIwoOzzqcvRA

Foolishness of the week

Stock markets and impeachment

https://www.cnbc.com/2019/09/26/trump-warns-again-that-the-stock-market-would-crash-if-he-is-impeached.html

Topic of the week: Deficit Day 2019

https://www.inquirer.com/opinion/commentary/federal-debt-deficit-reserve-president-donald-trump-20190924.html