Episode 117
Jessica Riedl
America’s fiscal problem isn’t political—it’s mathematical. Jessica Riedl joins Jim Baer to explain why U.S. deficits are accelerating, why both parties misunderstand the drivers, and why Social Security and Medicare are at the center of the crisis. They explore the looming role...
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Episode Summary
America’s fiscal problem isn’t political—it’s mathematical.
Jessica Riedl joins Jim Baer to explain why U.S. deficits are accelerating, why both parties misunderstand the drivers, and why Social Security and Medicare are at the center of the crisis.
They explore the looming role of the bond market, rising interest rates, inflation, and why policymakers continue to delay action despite understanding the risks.
This episode cuts through ideology and focuses on the core issue: promises that far exceed what the system can sustain.