David Frum and Lloyd Blankfein Discuss U.S. Debt, Default Risks, and Eroding Trust in American Enterprise
By
David Frum
Summary
In this episode of The David Frum Show, host David Frum first reacts to reporting about Trump-branded cellphones marketed as "patriotic," arguing this undermines public confidence in American free enterprise. He then interviews Lloyd Blankfein, former CEO of Goldman Sachs, about the growing U.S. national debt, political polarization, the state of the economy, and the potential consequences of a U.S. debt default.
Source
bskyDavid Frum and Lloyd Blankfein Discuss U.S. Debt, Default Risks, and Eroding Trust in American Enterprisetheatlantic.comKey quotes
· 3 pulledDavid explains how this is yet another instance of the most powerful sowing doubt about the fairness of American business and destroying confidence in the ideals of American enterprise.
Lloyd Blankfein on the growing U.S. debt, polarization, the state of the economy, and what a United States default would look like.
Plus: Trump-branded cellphones and the decline of public confidence in free enterprise.
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