HeyJaredGross Domestic Problem
Welcome to Gross Domestic Problem — the podcast that unveils America’s biggest financial crisis. Every episode, we break down how we got here, what happens if we don’t act, and the least painful way forward.There’s no do-nothing solution. And every solution requires sacrifice.
- Indexed episodes, last 90 days
- 3
- Latest publication
- Sep 21, 2026
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- Earliest in this view
- Aug 20, 2026
Latest episodes
Minimum Wage vs Reality: You’re Being Misled (opens the original)
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In this episode of Gross Domestic Problem, William Glass breaks down popular claims that the federal minimum wage should be $24 an hour by arguing that such comparisons misuse history, productivity data, and demographics. He explains that while today’s $7.25 minimum wage has clearly lost purchasing power, very few workers actually earn it now compared to 1968. Many low-wage roles are held by young, untrained workers whose labor markets and productivity look very different from high-tech sectors.
Data Centers vs. Debt: Can Productivity Save a $40 Trillion America? (opens the original)
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In this episode of Gross Domestic Problem, William Glass and Mark Mills explore how the seemingly “weightless” world of AI is colliding with hard physical limits: data centers, power plants, steel, concrete, and permitting. They trace the history of computing and data centers, explain why AI drastically raises energy and infrastructure demand, and argue that the U.S. remains far ahead in both AI models and data center buildout—but risks “Sovietizing” its economy through bad policy, overregulatio
$40 Trillion (opens the original)
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In this episode of Gross Domestic Problem, William Glass explains the implications of the U.S. national debt surpassing $40 trillion, breaking down the difference between gross and public debt and why both matter. He highlights how the debt has grown much faster than expected, driven by structural budget issues such as mandatory spending on Social Security, Medicare, and Medicaid, as well as rising interest costs on continuously rolled-over government debt. Glass connects the national debt to ev
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