Will a U.S. Debt Default Have Catastrophic Consequences? With AEI's Michael R. Strain

Politics + Media 101

Justin and John sit down with Michael R. Strain, director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. Michael assesses the COVID stimulus packages and their impact on inflation, addressing the direct cash payments and criticizing the popular concept of UBI. He explains why the national debt matters for U.S. interests and describes the likely consequences of a U.S. debt default.
Read more from Michael here: https://www.aei.org/profile/michael-r-strain/