Type:

Video

Description:

Dr. Jeffrey Miron at Harvard explains America's debt situation, which is projected to worsen in the coming years. In his estimation, an increase in taxes will only make the situation worse, as it will reduce productivity. Therefore, government spending must be cut. If not, America will be bankrupt and default on its debt

Subjects:

  • Social Studies > United States Government
  • Social Studies > Economics
  • Social Studies > Current Events

Education Levels:

  • Grade 11
  • Grade 12
  • Higher Education

Keywords:

government spending, federal debt, federal deficit, government debt, deficit, debt

Language:

English

Access Privileges:

Public - Available to anyone

License Deed:

Creative Commons Attribution 3.0

Collections:

None
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