Why the National Debt is Now Threatening the Regime

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Peter St. Onge, an economic fellow with the Heritage Foundation and frequent Mises Wire author. With the costs of financing the national debt now exceeding the costs of military spending and major social programs, Peter explains why government spending is now a crisis the regime can't ignore.  "Sovereign Debt is Eating the World" by Peter St. Onge: Mises.org/RR_160_A "There's No Easy Way Out of This Debt Spiral" by Ryan McMaken: Mises.org/RR_160_B ProfStOnge.com Claim your free book: Mises.org/RothPodFree Be sure to follow Radio Rothbard at Mises.org/RadioRothbard. Radio Rothbard mugs are now available at the Mises Store. Get yours at Mises.org/RothMug  PROMO CODE: RothPod for 20% off