All Episodes

January 20, 2023 14 mins

Total Debt: $31.4 Trillion

Annual interest paid on debt: -#1.2 trillion by 2024

Annual tax revenue: $4.9 trillion

Annual Deficit: $1.4 trillion loss

Projected 2023 Deficit: over $2 trillion


Janet Yellen taps retirement funds to avoid breaching US debt limit. Does any of this sound like sound spending habits, good stewards of the money Americans have paid into the tax system? If this were a company, would you invest in it? Hell no.


The ethical work that the Joe Biden can do is to sit down with Treasury and the members of Congress and negotiate. If you don't negotiate then we have no leadership in Washington. We just have elected people who think that it is ok to put the American people in greater debt. Perhaps it is time to shut the government down to get people to the negotiating table. This is no longer about politics, this is about working together to reduce our nations debt and curb spending. Otherwise, you can expect the economy of America to get even worse. Do what's ethical, and not what is political.


If you like my podcast and would like to help support The Business Advisor, please subscribe at: http://www.buymeacoffee.com/michaellodge


If you are in business and would like to ask business questions, send them to: thebusinessadvisor@zmail.com


Schedule a 60 minute consultation with me, go to: http://www.lodge-co.com

Get bonus content on Patreon

The best place to learn about business is by joining our daily business podast: https://plus.acast.com/s/the-business-advisor.


Hosted on Acast. See acast.com/privacy for more information.

Mark as Played

Advertise With Us

Popular Podcasts

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

24/7 News: The Latest

24/7 News: The Latest

The latest news in 4 minutes updated every hour, every day.

Therapy Gecko

Therapy Gecko

An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.