© 2021 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Deficit Attention Disorder

Deficit

The U.S. economy is not in a cyclical downturn right now. In fact, it is growing. So you might think that the deficit would be shrinking every year.

But no. The Congressional Budget Office says the deficit will be going up for the next 10 years. It will reach a trillion dollars by 2020.

Jared Bernstein joined us to talk about whether that's a bad thing.

Music by . Find us: Twitter / Facebook .

Subscribe to our show on Apple Podcasts , PocketCasts and .

Copyright 2020 NPR. To see more, visit https://www.npr.org.