Insight - Aug. 2nd, 2023
Insight
•
02-Aug-2023
Today on Insight, Josh Rosenstern discusses the current situation of US debt and how treasuries, that is the buying of US treasuries gives money to the government in an IOU system. Bother Josh explains how these are paid back with interest. Just as we see individually a higher credit score will help in the lending process, loans for the government are similar, and the US credit rating is important. Brother Josh explains how the US credit score has dropped since Congress warned Americans that the US is on watch because of the looming doom of the US potentially running out of money. Raising the debt ceiling prevents the doom, for now, but results in even more spending, only adding to our mounting debt.
Up Next in Insight
-
Insight - July 11th, 2025
Today on Insight, John and Josh Rosenstern discuss the politics of our country and the many political cycles we go through. Most important, election cycles, with the first several months of a President’s term, are the key time to get a lot done. A push sweeps through the Congress, as midterm el...
-
Insight - Jun. 7th, 2019
John and Josh Rosenstern on today's program discuss the issue of business owners declining to participate in homosexual weddings due to their religious convictions and the subsequent backlash to their decisions. John and Josh look at this problem more closely and break down several court cases th...
-
Insight - Aug. 6th, 2020
Voting or not voting will dictate much; as our government is set up to give power to the people, through voting. Today on Insight, John and Josh Rosenstern discuss the power of the vote. Brother John references the growing number of districts in the United States that have large Muslim communit...
