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Podcast: The Ed Morrissey Show
Episode: Economic and Leadership Paralysis in America
Description: Have we reached a critical stage in debt and a failure of American leadership? Peter Grandich says that the expansion of debt in both personal and institutional spheres are reaching levels where options for solutions are rapidly disappearing. We are now routinely adding $2 trillion to the national debt every year at the same time Americans are escalating their secured and unsecured debt beyond capabilities for rational repayment.