Tag: National Debt
Jack Daniels Explains The Deficit
In response to the Republican proposal to cut $74 billion from the federal budget, Senator Harry Reid declared the cuts to be “unworkable” and “draconian”. But how bad are is $74 billion in cuts when seen in the context of our $1.5 trillion deficit?
This video visualizes the Republican budget cuts to give us a little more perspective.
Four Reasons Why Big Government Is Bad Government
Video Description:
This Economics 101 video from the Center for Freedom and Prosperity explains that excessive government spending undermines prosperity by diverting resources from the productive sector of the economy. Moreover, the two main ways of financing government — taxes and borrowing — cause additional economic damage.
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