Government borrowing jumped during the pandemic, but big stimulus plans like the Inflation Reduction Act have added to the mountains of public debt. How worried should we be about how much each country owes, and are austerity policies inevitable to bring it under control? Bloomberg's Head of Economics and Government Stephanie Flanders joins host Stephen Carroll to discuss. 

<p>Government borrowing jumped during the pandemic, but big stimulus plans like the Inflation Reduction Act have added to the mountains of public debt. How worried should we be about how much each country owes, and are austerity policies inevitable to bring it under control? Bloomberg's Head of Economics and Government Stephanie Flanders joins host Stephen Carroll to discuss. </p>

Here's Why: Where we take one news story and explain it in just a few minutes with help from our experts at Bloomberg. 

<p>Here's Why: Where we take one news story and explain it in just a few minutes with help from our experts at Bloomberg. </p>

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide company and industry research.

Here's Why

Here's Why Governments Just Keep Piling Up Debt

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