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National Debt: Seesaws, Budget Deficits and the National Debt

National Debt: Seesaws, Budget Deficits and the National Debt

Update: 2018-01-24

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Description

This was the fourth episode of Money For the Rest of Us and the first attempt at explaining through a metaphor of a seesaw how households, businesses and governments all interact to create federal budget deficits and increase the national debt.

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National Debt: Seesaws, Budget Deficits and the National Debt

National Debt: Seesaws, Budget Deficits and the National Debt