Lynne Kiesling
While we’re at Learn Liberty, and in light of today’s Congressional Republican federal government budget proposal, here’s economist Antony Davies on the implications of our government’s indebtedness.
[youtube=http://www.youtube.com/watch?v=ID4xay5RITY&feature=player_embedded]
When we covered this in my intro macro class this winter, it was sobering for my 18-20-year old students to realize that they are the people who will bear the costs of this debt burden.