Is the national debt overemphasized or underemphasized in political discussions?
Why the U.S. has such huge debt burden? If we do not take action to address it, what will happen to this country?
August 15, 2019In your estimation, is the national debt overemphasized or underemphasized in political discussions?
August 15, 2019Is the national debt overemphasized or underemphasized in political discussions?
Question Description
Watch the short film linked to below:
https://wetheeconomy.com/films/an-animated-film-on-the-debt-and-the-deficit/
After watching the film, respond to the prompt below:
In your estimation, is the national debt overemphasized or underemphasized in political discussions? . . . What is it about deficits and debt that make the US government different from a household? . . . Finally, what do you believe are the prospects (short-run and long-run) prospects for reducing budget deficits to the point at which they become surpluses (in effect, reducing the national debt)? . . .
