The Cato Institute’s Romina Boccia explains why she’s concerned about a future US fiscal crisis. She explains how entitlement programs such as Social Security and Medicare are the source of the problem. 

This episode’s guest Romina Boccia is Director of Budget and Entitlement Policy at the Cato Institute, where she specializes in federal spending, budget process, economic implications of rising debt, and Social Security and Medicare reform.

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Links relevant to the conversation

Romina’s bio:

https://www.cato.org/people/romina-boccia

Romina’s first post for Cato:

https://www.cato.org/blog/joining-cato-restrain-federal-budget-leviathan

Council on Foreign Relations article containing deficit projections which Gene mentions:

https://www.cfr.org/backgrounder/national-debt-dilemma

U.S. News article: How Much You Will Get From Social Security

https://money.usnews.com/money/retirement/social-security/articles/how-much-you-will-get-from-social-security

Credits

Thanks to Josh Crotts for mixing the episode and to the show’s sponsor, Gene’s consultancy business www.adepteconomics.com.au. Please consider signing up to receive our email updates and to access our e-book Top Ten Insights from Economics at www.economicsexplored.com. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.