Hopping Mad With Will Mcleod & Arliss Bunny

16 May 2019 – I promised you that in our next show I would get into the myths about Federal debt. This is that show. In addition, Will talks about why we should be going into space – for real. Some of the ideas sound crazy but I think there is enormous value in doing the work that takes us down those paths, regardless. There is so much possibility, why would we not get serious? At the top of the show we touch on the new agreement, between the UK and the Republic of Ireland, to establish a common travel area. Granted, this is a weak tea solution but it’s not nothing.In case you want a quick list of the eight myths about Federal debt which I cover, here goes:Carrying debt is bad for the Federal governmentAnd the corollary, Federal surplus is good (this article provides perspective)The Federal government uses our taxes to “pay for” government spendingThere is a fiscal cliffPassing Federal debt on to future generations is badThe Federal government issues Treasury bonds (debt) to fund spendingFederal debt “crowds