John Stossel
John Stossel
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$1 Trillion in Interest Every Year: The Crushing Reality of Federal Debt
Our government is now so deep in debt, that taxpayers must spend a trillion dollars a year...
Just on the interest!
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To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe
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Our politicians won’t address our ever-growing national debt.
Instead, they brag about how much they spend.
The few times they do mention our debt, they lie.
Biden: “We literally cut the federal debt in half!”
Give me a break!
Our debt is now growing by a trillion dollars every 100 days.
It’s crucial that we cut spending, or at least, slow its growth.
Here’s our video on what might happen if we don’t:
Переглядів: 2 436

Відео

Ep 15. Bjorn Lomborg: On Climate Change, Poverty, and How Governments WASTE Your Money
Переглядів 17 тис.2 години тому
Governments spends trillions to fight climate change, but Environmentalist Bjorn Lomborg says many of these policies are a waste of money. For saying this, Lomborg has been called "the devil." The Danish government even targeted him for his views on climate change. "I'm not trying to do something that's immoral," he tells me, "I'm simply trying to make sure that we get it right." Lomborg says t...
This School Helps Poor Kids Succeed, Teacher Unions Try To Shut It Down
Переглядів 430 тис.16 годин тому
Low-income minority students from one chain of NYC charter schools rank #1 in my state in math. Why do they do so well? Because school leaders have high expectations. And unlike government run schools, Success Academy innovates! To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe School days are longer and all students take advanced tests. 100% of their gra...
Defending Free Speech in a Polarized World: The Full Ezra Levant Interview
Переглядів 42 тис.14 днів тому
Open speech is under attack around the world. Canada’s Rebel News @RebelNewsOnline founder Ezra Levant warns what might happen if we lose free speech in America. To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe Politicians in Canada plan to punish "hate speech" with life in prison. In England and Scotland, you already can get arrested for “hateful” posts...
Ep. 14 Mike Rowe on Lockdowns, Safety Third, Dignity of Work and College Loans
Переглядів 30 тис.14 днів тому
You’ve heard the mantra “safety first.” Politicians used it as a justification for Covid lockdowns. But Mike Rowe, former host of "Dirty Jobs”, has his own slogan: “safety third.” Why “safety third?” It’s easy to save lives, says Rowe, but LIVING life is more important. I made a couple of short videos with Rowe. But he has a lot of other interesting things to say on lockdowns, why college is a ...
California Dreamin’: Minimum Wage Hikes Lead to Fewer Jobs and Higher Prices
Переглядів 802 тис.21 день тому
A few years ago, I reported that Seattle’s minimum wage hike killed jobs. Now, California is making the same mistake. To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe Fast food workers in California fought hard for a $20 minimum wage. They won. Now they have to face the unintended consequences: Job loss, higher prices, automation replacing people, and fe...
The Bee-pocalypse: Another Scare Story the Media Got Wrong
Переглядів 373 тис.28 днів тому
Have you heard? The honey bees are dying! At least, that’s what the media and big money- hungry environmental groups want you to (bee)lieve. To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe About 20 years ago, some American bees died from “colony collapse disorder.” The media soon warned of a "bee-pocalypse" and that it might devastate our food supply. B...
Ep 13. Jared Polis: On Legal Discrimination, Colorado Crime, Equity & School Choice
Переглядів 2,3 тис.21 день тому
Colorado Governor Jared Polis is more pro-freedom than many politicians. He's a rare democrate who talks about economic freedom and individual liberty. But I have problems with some things Polis believes. He wants to force businesses to provide services for gay weddings. He signed universal pre-k, and Colorado lags in school choice. Polis is also unusual because most Democrats won’t debate idea...
Protecting Free Speech: The Early Warning Signs From Around The World
Переглядів 107 тис.Місяць тому
We Americans take free speech for granted. But if you look around the world, you see why we shouldn't. To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe In Britain, you can get arrested for saying things online that police find “offensive." In Scotland, misgendering someone can land you in jail for seven years. Canada may soon pass a law that would punish...
The Swamp Survived: Why Trump Failed to “Drain the Swamp"
Переглядів 163 тис.Місяць тому
As a presidential candidate, Donald Trump promised to “drain the swamp.” He didn’t. To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe Trump made government bigger. He hired new employees, doubled federal spending, and started a bunch of new programs. Now the swamp is bigger. In our new video, Economist Ed Stringham explains the real way to drain the swamp...
Ep 12. Charles Murray: On Race and IQ, Government Welfare, and Crimes
Переглядів 1,5 тис.21 день тому
Many people hate Charles Murray. They call him “dangerous” because he wrote about racial IQ differences. But angry protestors fail to recognize that Murray is not a white supremacist. He’s a thoughtful researcher who has published more than a dozen scholarly books about things like the impact of welfare, the pursuit of happiness, and the meaning of libertarianism. Some of his work influenced pr...
Why Biden’s Just Wrong: NO ONE "Knows How to Make Government Work.”
Переглядів 129 тис.Місяць тому
During his last campaign, Biden claimed he “knows how to make government work.” But he doesn’t! No one does. To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe Biden can’t keep track of what he spends, inflation is worse, and our national debt is the highest it’s ever been. Economist Ed Stringham says, “It’s a hubris that the government knows best.” While ...
The Full Johan Norberg: Sweden’s “Socialism,” the Loneliness "Epidemic,” Degrowth and other Myths
Переглядів 331 тис.Місяць тому
Lots of people hate capitalism. They want socialism instead. They say capitalism hurts the poor. That's just not true. Johan Norberg explains how capitalism saves lives and why socialism always fails. To get our new weekly video from Stossel TV, sign up here: www.johnstossel.com/#subscribe Swedish historian and author, Johan Norberg also dispels the myth that Sweden is a socialist success. In m...
Biden's Kill Switch: The Growing Threat of Government Control of Your Car
Переглядів 194 тис.2 місяці тому
Biden's Kill Switch: The Growing Threat of Government Control of Your Car
Ep 11. Alex Epstein: On the Moral Case for Fossil Fuels, Renewable Energy, and Green Deceptions
Переглядів 1,8 тис.21 день тому
Ep 11. Alex Epstein: On the Moral Case for Fossil Fuels, Renewable Energy, and Green Deceptions
The End of Freelance? How California's Rules Become America's Rules
Переглядів 605 тис.2 місяці тому
The End of Freelance? How California's Rules Become America's Rules
6 Myths About Globalization, Trade, Jobs, and "Buy American"
Переглядів 150 тис.2 місяці тому
6 Myths About Globalization, Trade, Jobs, and "Buy American"
Ep 10. The Babylon Bee Interview: On Censorship, Cancel Culture & Anti-Woke Comedy
Переглядів 4,9 тис.21 день тому
Ep 10. The Babylon Bee Interview: On Censorship, Cancel Culture & Anti-Woke Comedy
Trespassers Welcome: How the Law Protects Squatters
Переглядів 1,7 млн2 місяці тому
Trespassers Welcome: How the Law Protects Squatters
Covid: Don’t Let Them Off The Hook
Переглядів 417 тис.2 місяці тому
Covid: Don’t Let Them Off The Hook
Ep 9. Ron Paul: On Ukraine, Runaway Inflation, Running for President, and End the Fed
Переглядів 77121 день тому
Ep 9. Ron Paul: On Ukraine, Runaway Inflation, Running for President, and End the Fed
Degrowth: How to Make the World Poorer, Polluted and Miserable
Переглядів 371 тис.3 місяці тому
Degrowth: How to Make the World Poorer, Polluted and Miserable
Juice: Why Wind and Solar Make Our Power Grid Less Reliable
Переглядів 198 тис.3 місяці тому
Juice: Why Wind and Solar Make Our Power Grid Less Reliable
Ep. 8 Erec Smith: A Diversity Trainer Speaks Out Against DEI
Переглядів 60121 день тому
Ep. 8 Erec Smith: A Diversity Trainer Speaks Out Against DEI
The Full Charles Murray: Race and IQ, Government Welfare, and Crime
Переглядів 964 тис.3 місяці тому
The Full Charles Murray: Race and IQ, Government Welfare, and Crime
My Phone: A Privacy Expert Doesn’t Like What She Finds
Переглядів 923 тис.3 місяці тому
My Phone: A Privacy Expert Doesn’t Like What She Finds
Ep 7. Enes Kanter Freedom: On China, NBA Hypocrisy, LeBron & Cena
Переглядів 16621 день тому
Ep 7. Enes Kanter Freedom: On China, NBA Hypocrisy, LeBron & Cena
Media Bias: Subtle (and Not So Subtle) Ways Journalists Slant the News
Переглядів 615 тис.4 місяці тому
Media Bias: Subtle (and Not So Subtle) Ways Journalists Slant the News
Jobs vs. Machines: The Rise of Artificial Intelligence
Переглядів 122 тис.4 місяці тому
Jobs vs. Machines: The Rise of Artificial Intelligence
Ep 6. Climate Scientist Judith Curry Says World Won't End
Переглядів 2,8 тис.21 день тому
Ep 6. Climate Scientist Judith Curry Says World Won't End

КОМЕНТАРІ

  • @heavenlyblue
    @heavenlyblue 7 секунд тому

    The debt is not going to get better until it gets much worse. The federal government and their spending is the greatest threat to the USA. We have been in a Depression before and can go into a Depression again which I think we will do around 2030.

  • @garremannen
    @garremannen 21 секунда тому

    So America needs a big war to wipe away the debt?

  • @trentclark2061
    @trentclark2061 22 секунди тому

    We need a party that’s prepared to cut spending and certainly keep taxes where they are possibly adding a debt levy start going hard as the economy can sustain to get it down in the next decade. It’ll be painful but no where near as painful as the world deciding US$ are no longer safe and the resulting inflation tsunami that’ll destroy our way of life for a generation or maybe longer. IT CAN’T BE IGNORED ANY LONGER!

  • @duydatyds
    @duydatyds 40 секунд тому

    3 biggest lies were sold in the history 1. Taxation is a duty 2. Inflation is necessary for the economy 3. Debt is fine

  • @beadyeye2312
    @beadyeye2312 44 секунди тому

    If I managed my finances like the gov't I'd be living in a cardboard box on the streets.

  • @bigdaddy1024
    @bigdaddy1024 47 секунд тому

    🫤☕️

  • @jeffreywood5207
    @jeffreywood5207 50 секунд тому

    Kennedy 2024!!! He's the only one talking about the debt!!!

  • @funstuf86
    @funstuf86 55 секунд тому

    The federal bank or the FED does not belong to the government but to private owners. Government is supposed to print the money not the Federal Bank. John f Kennedy was trying to bring back the government printing money and somehow he got assassinated. But mostly of the people that's causing this hyperinflation corporations government organizations middle-class higher class. The people that are trying to be more than what they are taking out loans mortgage and credit cards, is causing a problem. A thing that called fractional banking helping out a few but destroying the rest.

  • @SteveXNYC
    @SteveXNYC Хвилина тому

    The Dollar is a commodity. It cost most to create a dollar than it value.

  • @ragnarok7976
    @ragnarok7976 Хвилина тому

    Spend less and service the debt and/or try to increase your actual income. That's how you do it on your personal debt and that's how it's done with any debt. There aren't any shortcuts because you are in debt from taking shortcuts.

  • @louisbaldinosr.8350
    @louisbaldinosr.8350 2 хвилини тому

    The politicians are like moronic children who get daddy's credit card and charge ever thinking their is unlimited amounts of money to pay it off every time they as if there is a money tree un the back yard one day when China comes to collect eminent domain will be the words many homeowners will here and have to give up their land.

  • @brianquinn3961
    @brianquinn3961 2 хвилини тому

    I have not seen a honey bee on my property in central NJ in easily 10 years

  • @Hooftimmer
    @Hooftimmer 2 хвилини тому

    Default. Start over. Screw the Federal Reserve. It’s been a set up from the beginning.

  • @davidanttila9305
    @davidanttila9305 2 хвилини тому

    The problem is that neither party is willing to cut spending. Heck, on every level of government, they won't ever repeal anything! Resulting in one law on the books conflicting with another law on the books!

  • @id104335409
    @id104335409 3 хвилини тому

    People are like: we'll just print more, nobody is looking over us. But the truth is every time you make more - you get poorer. Everyone. EVERYONE.

  • @ImOutASAP
    @ImOutASAP 3 хвилини тому

    Cutting employment of the unnecessary employees by 65% and cutting the salaries of all elected officials by 50% plus taking away their Cadillac health insurance and their travel costs is on their dime is a great place to start cutting spending.

  • @zenogodofeverything3519
    @zenogodofeverything3519 3 хвилини тому

    Lazy eye going hard

  • @dageevil
    @dageevil 4 хвилини тому

    Uncle Sam is the largest deadbeat.

  • @jackhydrazine1376
    @jackhydrazine1376 5 хвилин тому

    The US dollar won't exist after 2032.

  • @davidhakadoober._1-
    @davidhakadoober._1- 5 хвилин тому

    Since ending the gold standard all government debt is arbitrary just as the the federal reserve can print so called legal tender so can they arbitrarily delete the so called debt. Mainly by dissolving 90% of the government programs and employees. And letting the private market to take care of the roads and bridges etc.

  • @user-tc8jk3jy4o
    @user-tc8jk3jy4o 5 хвилин тому

    The us should be worried about the us doller being no longer the global reserves currency. This will increase the interest rate and strain the spending and printing more money won't fix this problem

  • @FPS1200
    @FPS1200 5 хвилин тому

    We are in SO MUCH trouble

  • @ironxYT
    @ironxYT 6 хвилин тому

    There is no way we come back from this.

  • @republicoftexas3261
    @republicoftexas3261 6 хвилин тому

    Our politicians aren't wise enough to run an ice cream cart

  • @triceray01
    @triceray01 6 хвилин тому

    You forgot to add in the choice of just paying off the debit and quit paying for dumbshit

  • @doctoribanez
    @doctoribanez 6 хвилин тому

    You left out the death of the petrol dollar. That sanctions has made the world hate the US

  • @nefariouspersephone9447
    @nefariouspersephone9447 7 хвилин тому

    grow your own and get ready for the pole shift

  • @government_is_violence
    @government_is_violence 7 хвилин тому

    hows that statism thing working out?

  • @p.w.352
    @p.w.352 8 хвилин тому

    We need term limits and some kind of ranked choice voting. Career politicians pander to their special interest voting blocks, promising to forgive their debts, more welfare programs, reparations, etc. All we really need is a healthy economy, fair wages and welfare for those who are not physically or mentally capable of providing for themselves.

  • @SteveXNYC
    @SteveXNYC 9 хвилин тому

    Don't worry Johnny dude. Its all FAKE=FIAT. Don't worry about paying it back. Don't be a fool to the lies. There is no debt if the dollar is fiat. Remember in "GOD WE TRUST " not paper and ink.

  • @jerimiah_y
    @jerimiah_y 9 хвилин тому

    If printing would fix it how come we are still in debt?

  • @MR.TOYBOX
    @MR.TOYBOX 9 хвилин тому

    Our Political system is actually Satanism. Trump is not a politician. Therefore the Satanic Government wants him removed from earth. He is a threat to Satanism.

  • @ajhartmanaero
    @ajhartmanaero 9 хвилин тому

    Makes me sick every time I pay taxes knowing how it gets spent.

  • @goodcitizen6193
    @goodcitizen6193 9 хвилин тому

    If we printed money we would have no debt.

  • @ellisrowe363
    @ellisrowe363 9 хвилин тому

    Only a matter of time, the politicians will bring down the great experiment by bankrupting it.

  • @neuromancer9k
    @neuromancer9k 10 хвилин тому

    2:56 - maybe that's the whole point? Or should we just wait for things to collapse so that our highly paid "leaders" and "representatives" throw up their hands and yell "HOW did this happen"? SMDH

  • @grimaffiliations3671
    @grimaffiliations3671 10 хвилин тому

    Deficit spending = net new financial deposits = net Treasury issuance. You can loop it either way, US treasury issues debt, fills TGA - or - US Treasury spends from TGA, refills it with Treasury issuance. But whichever way you look at it - it doesn't need financial assets from the private sector. Treasury issuance is just a reconstitution of deficit spending into interest-earning assets.

  • @tomkoutsopoulos528
    @tomkoutsopoulos528 10 хвилин тому

    Denmark knows how to use capitalism to their advantage. U.S. can do the same but they won’t because of greedy politicians. Bernie is one of them.

  • @chrism9037
    @chrism9037 11 хвилин тому

    Complete morons running our country. As a traditional Republican I am shocked at how our country is being run so irresponsibily. Disgusting..

    • @whousa642
      @whousa642 2 хвилини тому

      Republicans are not any less of the problem.

  • @goodcitizen6193
    @goodcitizen6193 11 хвилин тому

    We have counterfeit money. we have allowed counterfeiters to become the most powerful people in the history of the planet. We are very very dumb for allowing this.

  • @caster863
    @caster863 12 хвилин тому

    Money printer go buuuuuuuurrrr

  • @realRichHunting
    @realRichHunting 12 хвилин тому

    The public schools I went to were exactly like jail. My kids are home schooled, and they're doing great. Charter school is my next option.

  • @DerykRobosson
    @DerykRobosson 12 хвилин тому

    The U.S. should take notes from the Russian Federation and how they're doing things.

  • @stavroslask1292
    @stavroslask1292 12 хвилин тому

    We’ve had the debt since 1970, it obviously doesn’t matter so who cares, really 😂has anything collapsed? NOPE! And NEVER will

    • @litsci4690
      @litsci4690 10 хвилин тому

      "Never will." WRONG. Always does, eventually. Period.

  • @tylermccann848
    @tylermccann848 13 хвилин тому

    They have to justify their existence. They don't realize that by doing less, they are actually helping.

  • @grimaffiliations3671
    @grimaffiliations3671 13 хвилин тому

    interest payments as a share of gdp are way lower then they were in the 80's and 90's

  • @universalparadox4144
    @universalparadox4144 14 хвилин тому

    Politicians don't care about long-term issues, but just their careers. Their salaries should be penalized for the percentage of increased debt they institute. Their has to be a short-term penalty to motivate addressing long-term issues.

  • @snap4720
    @snap4720 14 хвилин тому

    Out of control spending all started with Obama

  • @TheMichaelMove
    @TheMichaelMove 14 хвилин тому

    But according to Modern Monetary Theory infinite debt is fine. That’s how smart they are.

    • @user-sm8j
      @user-sm8j 5 хвилин тому

      Then they changed their mind on MMT

  • @bubbajones4522
    @bubbajones4522 14 хвилин тому

    Fund fact: We have interest in the national debt because we borrow privately created currency (the dollar) from a globalist owned bank (the Federal Reserve Corporation) rather than printing it ourselves as we've done several times in the past. If we printing our own money as we did prior to 1913 there would be no interest on the national debt thus there would be no need for an income tax which was also created in 1913. Americans wouldn't have to hand over 20% on average of our incomes to pay this interest. We work on average 1 day out of 5 to pay this national debt interest which could easily be eliminated by ending the FED and the dollar. Yes, there'd still be inflation and government counterfeiting/debasement of the currency but at least there'd be no interest payments.