Susan B. Glasser on the Deficit, and Why “We Are the Boiled Frog”

Hear and subscribe: Apple | Spotify | Google | Wherever You ListenSign up for our every day e-newsletter to get one of the best of The New Yorker in your inbox.“Not often have so many members of Congress voted for a measure they so actively disliked,” Susan B. Glasser famous, in her current column after the passage of a deficit-exploding Republican invoice. Tens of millions of individuals will lose entry to Medicaid—a undeniable fact that the President blatantly lies about—and plenty of trillions of {dollars} might be added to the deficit. Curiosity funds on the federal debt will skyrocket, and Trump is so determined for decrease rates of interest that he appears poised to fireside his personal chair of the Federal Reserve and set up a compliant partisan to move the heretofore unbiased central financial institution. “Anyone panicking about that in Washington?” David Remnick asks Glasser. “I believe we’re the boiled frog,” she replies. “We’re virtually panic-immune at this level, in the identical approach that Donald Trump has, I believe, inoculated a lot of America towards details in our political debate. Even within Washington, there’s so many particular person crises at one time—it’s very, very arduous in Trump 2.0 to give attention to any one in every of them.”New episodes of The New Yorker Radio Hour drop each Tuesday and Friday. Observe the present wherever you get your podcasts.The New Yorker Radio Hour is a co-production of WNYC Studios and The New Yorker.