Bloomberg
October 15, 2025
HKS Authors
See citation below for complete author information.
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Aetna Professor of the Practice of Economic Policy
Abstract
This week on Trumponomics, we explore the global surge in government debt and why investors still seem unfazed, especially when it comes to the US. Joining the conversation are Jason Furman, former chair of President Barack Obama’s Council of Economic Advisors, and Rupert Harrison, former adviser to UK Chancellor George Osborne. Recorded live in Bloomberg's London offices at an event for the Society of Professional Economists, they discuss whether rising debt levels are finally reaching a breaking point and what it could mean for the world economy.
Citation
Flanders, Stephanie, Jason Furman, Rupert Harrison, and George Osborne. "Trumponomics: Is Government Debt Too High and How Much Should We Care?" Bloomberg, October 15, 2025.