Debt Ceiling Deal: 4 trillion in new debt
With the federal government burning through trillions, we're now headed toward a 40 trillion national debt.
To put it into perspective a 40 trillion dollars national debt would be equivalent to each American owing 121 thousand dollars, or almost 13 times the GDP of the United Kingdom. And this figure doesn't even account for unfunded obligations...
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Видео Debt Ceiling Deal: 4 trillion in new debt канала Learn Liberty
To put it into perspective a 40 trillion dollars national debt would be equivalent to each American owing 121 thousand dollars, or almost 13 times the GDP of the United Kingdom. And this figure doesn't even account for unfunded obligations...
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.
Видео Debt Ceiling Deal: 4 trillion in new debt канала Learn Liberty
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