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Governments around the world spend trillions annually, yet the logic behind budget allocations, deficit targets, and public-debt ceilings remains opaque to most citizens. In 'Government Spending with Fexingo: Budget, Deficits, and Public Finance Explained,' Lucas and Luna dissect the numbers behind national accounts. Lucas, a journalist with a knack for fiscal arcana, walks through real budget documents from the U.S., Germany, Japan, and emerging economies, while Luna challenges assumptions about where the money actually goes and who bears the future cost. Each episode focuses on a single government-spending concept: the difference between structural and cyclical deficits, the real burden of entitlement programs, how military budgets are justified, or why some countries run surpluses while others pile up debt. They avoid partisan talking points—no 'tax-and-spend' clichés or 'balanced-budget' slogans—and instead trace the actual flows from tax receipts to procurement contracts to transfer payments. The listener is someone who wants to understand fiscal policy not as a political football but as a set of trade-offs with measurable consequences. Lucas and Luna bring the same rigor: Lucas citing Congressional Budget Office projections, Luna asking whether the models account for demographic shifts. By the end of each episode, you'll know exactly how a given government is spending your money—and whether the ledgers add up. Can deficits ever be 'good,' or is debt always a drag on growth?
Unknown Host hosts Government Spending with Fexingo: Budget, Deficits, and Public Finance Explained.
Public-private partnerships, or PPPs, are government's way of outsourcing big infrastructure projects to private companies. Lucas and Luna walk through how they work, when they fail, and why the US military's privatized
Episode 33 of Government Spending with Fexingo explores how governments increasingly rely on user fees—tolls, park entry charges, and utility surcharges—to fund services instead of broad-based taxes. Lucas breaks down th
Lucas and Luna examine how government subsidies can inadvertently create zombie industries — businesses that survive only on taxpayer support. Using the case of Japan's steel sector and the US ethanol mandate, they explo
Episode 31 of Government Spending with Fexingo explores why governments consistently miss their revenue forecasts — and not by accident. Lucas and Luna dig into the specific mechanics of how the U.S. Congressional Budget
Most people think the federal budget is just what Congress spends each year. But there's a parallel budget nobody votes on: tax expenditures. In this episode, Lucas and Luna break down how the US government loses over $1
Episode 29 of Government Spending with Fexingo dives into the hidden crisis of state and local pension underfunding. Lucas breaks down the $1.5 trillion shortfall in US public pensions, using the specific example of Illi
In this episode, Lucas and Luna unpack the $6 trillion gap in U.S. state and local government pension funding. They walk through how the CalPERS scandal of the early 2000s led to rosier return assumptions, why Illinois’s
In this episode of Government Spending with Fexingo, Lucas and Luna explore the hidden pitfalls of government grants. Using the specific case of the U.S. E-Rate program—a $4.5 billion annual grant to connect schools to t
Lucas and Luna unpack the moral hazard baked into federal disaster aid. Using FEMA and the National Flood Insurance Program as a case study, they explore how subsidized insurance and automatic relief payouts actually enc
Episode 25 of Government Spending with Fexingo digs into the persistent failure of government budget forecasts. Lucas and Luna examine why official projections miss the mark by trillions, using the U.S. Congressional Bud
In this episode of Government Spending with Fexingo, Lucas and Luna dive into the mechanics of government bond auctions. Using a recent Treasury auction of a new ten-year note as a concrete example, they explain how the
Episode 23 digs into a quietly devastating problem in public finance: official government budget forecasts are almost always wrong, and not by accident. Lucas and Luna walk through how the US Office of Management and Bud
Norway's Government Pension Fund Global is often called a 'rainy day fund' for oil wealth. But Lucas and Luna dig into why that label undersells what sovereign wealth funds actually do. They trace the fund's origins from
Government IT projects fail at a staggering rate — 40 to 60 percent over budget, often years late, and many get cancelled entirely. Lucas and Luna dig into the rollout of the UK's Universal Credit system, a ten-year, £12
Most Americans assume the federal government could learn from state-level budget discipline. But the truth is weirder: 49 states have balanced-budget requirements, yet many still run deficits, defer payments, or use acco
In this episode, Lucas and Luna unpack the US debt ceiling—what it is, why it exists, and the recurring brinkmanship that rattles markets. They trace the ceiling's origins to 1917, explain the 2023 Fiscal Responsibility
Episode 18 of Government Spending with Fexingo dives into the world of government audits — what they actually check, why they take years, and why the Department of Defense hasn't passed a clean audit in decades. Lucas an
Lucas and Luna dig into a paradox that defines public finance: major infrastructure projects almost always go over budget, and the overruns follow a predictable pattern. They use the 2024 California high-speed rail updat
Episode 16 of Government Spending with Fexingo dives into sin taxes—levies on alcohol, tobacco, sugar, and gambling—as tools for both revenue and public health. Lucas and Luna unpack the economics behind the 'sin tax' co
Governments spend trillions on everything from fighter jets to office chairs, but the procurement process is notoriously slow, inefficient, and prone to waste. In this episode, Lucas and Luna drill into the specific case
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Government Spending with Fexingo: Budget, Deficits, and Public Finance Explained is hosted by Unknown Host. The show is categorised under Business and has published 0 episodes.
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