Debt and Stupid Is as Stupid Does: A Masterclass in Fiscal Denial

from Watchdog on Wall Street with Chris Markowski · host Finance, Investing, & Markets

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredFormer Obama budget chief Peter Orszag admits in The New York Times that he once tuned out warnings about America's ballooning debt. Now, even he sees the writing on the wall. In this brutally honest segment, we dive into the absurdity of a former White House budget director confessing he "grew skeptical" of deficit concerns—while America spent trillions it didn’t have. With the dollar losing its edge, debt soaring, and politicians from both parties dodging accountability, it’s time to call it what it is: economic malpractice. Printing money isn’t strategy—it's a tax. A quiet, hidden tax that punishes every saver, earner, and investor. Wake up, Washington. This isn't complicated—it's just math.www.watchdogonwallstreet.com

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This episode was published on May 28, 2025.

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