@vegasmando5307
Me with $5 to my name always watching these videos because it's the best entertainment I can afford.
@t.hurson2298
When are people going to realize that 1) Trickle down economics doesn't work. It didn't work in the 80s, 90s, 00s, and 10s. Why would it work now? 2) Cutting taxes doesn't decrease debt. I don't know how anyone thought it would in the first place. 3) Allowing companies to get too large to fail and bailing them out with blank checks doesn't help anyone but stockholders and CEOs
@goodspellr1057
13:10 Balancing the budget wasn't just a "campaign promise". That clip is from the address to Congress that happened in March. In the span of two and half months, he's gone from calling for Congress to balance the budget to a "big, beautiful bill" that runs a $4T deficit.
@josephlantz6331
It’s incredibly frustrating that my two biggest options every election is Party A, who will increase the deficit, and Party B, who will increase the the deficit even worse.
@PeanutButterBrix
The US GDP hasn't outgrown the rise in national debt since 1974. There have been 10 federal tax cuts prior to the Big, Beautiful, Bill that have trotted out the same promise to outgrow the debt. None of them have ever allowed the US taxpayers to cash their chips in on this bet. Insanity or optimism?
@TheVIRTUOUSCYCLEPROJECT-xt3rk
I submit that it is a zeitgeist of this era. Every single course I ever took pertaining to anything financial always preached: "Tomorrow's money is cheaper than today's money so borrow to the hilt." I even had a brother-in-law who was an accountant who told me the same thing. GUESS what? They say tomorrow never comes but HERE IT IS!
@TerryTrowbridge-s8f
Less sarcastic than usual, more detailed than usual. This is a great lecture for those of us without Econ degrees! Thank you.
@bearkayaker
This guy is more qualified to give his opinion than 99% of news journalists, yet is more objective with less opinion than 99% of new jounalist 😅
@BillyLapTop
I remember back in the 1980's, in the US, on prime time television, a series of privately funded programs warned about the growing National Debt and its future consequences. Obviously those efforts fell on deaf ears, both nationally and globally. Eventually there will be a massive reset to this situation and what a wild ride that will be.
@caneprints
Many Americans are going to be in for a rude awakening when their standard of living falls like a rock. Not everybody will suffer, and that is important to remember. The wealth gap is going to increase like we have never seen. Sadly, nobody really has an answer to this.
@KelliLeanne
It's extremely frustrating that my two main election options are Party A, which will increase the deficit, and Party B, which will make the deficit even worse.
@papa_pt
That clip of Trump saying he wants to balance the budget made me spit my coffee out 😂😂😂 yeah right He really says whatever he wants in the moment no matter the actual intention to ever do it
@bodbn
This guy is officially my favorite YouTuber. Glad I found his channel.
@russellgillick7938
The real debt is to the planet that we haven't made any repayments on and now it's going to reposses EVERYTHING.
@noobyoshi
6:02 I love how Patrick wears his suit while assembling the desk
@billb7636
I really like your calm, unemotional, fact-based approach to such important subjects!
@user-gv6kd9sv6j
So you’re saying the standing desk is sturdy enough to support both me and my secretary?
@internationalme2897
I’m glad you covered this. I never really had a grasp on how much debt would affect its citizens.
@zachbaker2051
'The Great Bond Massacre' sounds like a 007 movie were the villain steals some of James Bond's DNA and makes a bunch of 007 clones to throw at him in the final sequence that all get wrecked by the OG Bond. The Doctor gazes up at him atop the pile of his broken creations, "It's impossible, they were all you! Every one of them grown with such care, how could you possibly prevail!?" "That's where you're wrong, Doctor." The battered agent grins at him as he raises his weapon, "genes don't make the man". BANG
@PBoyle