Bankrupting America

America's politicians passed more than $2 trillion in spending to keep the economy afloat during the virus pandemic.
----
Don't miss a single video from Stossel TV. Sign up here: https://johnstossel.activehosted.com/f/1
----
America probably can't afford it. Our federal debt is now where Greece’s debt was just before it’s peak financial crisis. Unemployment there hit 27%.

Greece got bailed out, but nobody will bail America out.

So how will America pay off its debt?

There are really three options:

-- Default
-- Print money
-- Raise taxes

All are awful choices. In the video above, I go through each, and confront Congressman Warren Davidson about how America got to this point.

Видео Bankrupting America канала John Stossel