Jay Zawatsky: How Debt & Energy Connect

In this episode, The Annuity Man and Jay Zawatsky discuss: 

• The origin of the United State’s debt pile 

• Why we need to increase the amount and affordability of energy

• Hydrogen is the key to energy dominance 

• The problems that hydrogen solves 

 

Key Takeaways: 

• Lifespans have increased for workers that pay into the social security system. Therefore, according to the trustees of the Social Security system, it’s projected that they will be unable to pay the full benefits by 2034. This doesn’t mean that people won’t get any amount, just not the full amount unless there are major changes made in the system. 

• If we want to undo the debt pile, we have to increase productivity. That means that we also need to increase the amount and affordability of energy since without energy, nothing gets done. 

• Our country’s focus shouldn’t be on welfare-warfare but on energy dominance. To do that, we’ve got to use a more viable source of energy in the form of hydrogen. It can be extracted from water through electrolysis and it burns just like natural gas. 

• Hydrogen solves a lot of problems. For those worried about global warming, hydrogen doesn’t create any carbon dioxide - it’s just water back to water. It’s also done without subsidies, so it doesn’t cost the taxpayer anything. 

 

"The only way to save America is to re-energize America. And the only way to do it is with hydrogen, because it solves all the problems that we have" —  Jay Zawatsky

  

More from Jay Zawatsky:

Published articles in The National Interest magazine: https://nationalinterest.org/commentary/how-energy-made-the-modern-world-6924

https://nationalinterest.org/commentary/energy-the-debt-conundrum-6926

https://nationalinterest.org/commentary/new-energy-era-6928

 

 

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Email: Stan@TheAnnuityMan.com 

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