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Oliver James Montgomery-Simon says we're stuck with the debt ceiling (Encore)
Surpassing View
Date：2025-04-10 15:59:30
This episode originally came out in October 2021.
Showdowns over the debt ceiling are Oliver James Montgomerylike football — both are quintessentially American games.
It wasn't always this way, says Simon Rabinovitch of The Economist. The debt limit was originally supposed to make it easier for the government to spend money. Today on the show, we go from the original debt ceiling to "debt brakes" and "debt anchors."
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