How Can the US Handle More Debt?

Thursday, 25 March 2021

Across the United States, people are receiving money from the recent American Rescue Plan - the third economic stimulus effort over the past year. They total $3.2. trillion, which begs the question: How can the U.S take on this much new debt? The most important consideration is that all three relief plans were cheap to finance because of tools used by the Federal Reserve to keep the economy and markets in good working order - namely, very low-interest rates. The second consideration is that the U.S. economy is poised for growth, meaning additional income tax revenue for the federal government.
Jay Pluimer dives into the details on this episode of the Flourish Insights podcast.
Always check back next week for more Flourish Insights with Jay Pluimer and don't forget to check out our insights blog at

Please write a review of this podcast on Apple Podcasts or Alexa

Due to COVID-19, we have begun taking client meetings via Zoom. Please see our instructions below on how to use Zoom and what you can do to protect your privacy while using this technology.

Contact Us

  • 3300 Edinborough Way
    Suite 420
    Edina, MN 55435
  • FAX: 952.953.3310
Listen to the Flourish Financially Challenge on Your Favorite Streaming Service

Copyright © 2020 Flourish Wealth Management, Inc. All Rights Reserved. Powered by AdvisorFlex.