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Transcript

Ep. 08: William Glass, Millennial Debt Foundation

National debt, entitlement spending, and political dysfunction (oh my!)

William Glass, Millennial Debt Foundation

William Glass is communications director of the Millennial Debt Foundation, based in Chattanooga, TN. He heads up the In the Black license plate program and hosts the podcast Gross Domestic Problem, among other activities.

He has nearly a decade of experience building brands in e-commerce spaces and a few political campaigns under his belt.

Show Notes: Navigating the National Debt with William Glass

In this episode, we're joined by William Glass, Communications Director at the Millennial Debt Foundation. Our discussion dives deep into the complexities of the national debt, exploring its implications and connections to broader societal issues like political polarization and economic instability.

Glass explains the significant role entitlement programs such as Social Security, Medicare, and Medicaid play in driving national debt. He also discusses the pressing need for entitlement reform and the potential for modernization and innovation to address these fiscal challenges.

The conversation highlights the importance of balancing fiscal responsibility with ensuring support for vulnerable populations, painting a hopeful picture of how innovative approaches and robust economic strategies could pave the way for a more stable future.

00:00 Introduction and Guest Introduction

03:17 Discussing the National Debt

08:07 Entitlement Programs and National Debt

14:08 Millennials and Fiscal Policy

21:09 Military Spending and Fiscal Challenges

22:33 Budget Politics and Military Spending

23:30 Entitlement Programs vs. Military Spending

24:11 Government Efficiency and Military Procurement

24:33 The F-35 Program and Military Spending Critique

25:39 The Challenge of Addressing the National Debt

30:45 The Complexity of Healthcare Costs

36:58 The Role of Innovation in Solving Economic Issues

41:53 The Potential of Corporate Disruption in Healthcare

44:14 Concluding Thoughts and Resources

Further Reading

Another non-partisan source on the deficit and budget is Romina Boccia of CATO. She also writes the Debt Dispatch on Substack.

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