Radio: The Debt Ceiling (2023)

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On Tuesday, May 9, 2023, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about the current debt ceiling discussions.

Here is an outline of the discussion:

[0:00] What is the debt ceiling?

[1:37] How did we get to this amount of debt?

[2:16] COVID planning and execution.

[7:14] Are any Regional Banks safer than others?

[8:52] Is now a good time to purchase gold?

[10:26] Should I vote for Trump if I support Trump’s policies?

[11:04] Impact of high debt and deficit on Economic Freedom investing. Is there any way to get some of the COVID spending back?

[12:37] What is worse, defaulting on our debt or continuing to allow the debt to grow? Many of the debt ceiling raises have been tied to accompanying legislation cuts. Some of these have be put forward by Democrats.

[15:18] Will the economy crash as a result of no agreement?

[17:13] Do government employees ever lose money?

You can listen to the audio here:

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Photo by Alexandar Todov on Unsplash. Image has been cropped.

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David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.