Does Government Have a Revenue or Spending Problem?
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People say the government has a debt problem. Debt is caused by deficits, which is the difference between what the government collects in tax revenue and the amount of government spending. Every time the government runs a deficit, the government debt increases. So what's to blame: too much spending, or too little tax revenue? Economics professor Antony Davies examines the data and concludes that the root cause of the debt is too much government spending.
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Видео Does Government Have a Revenue or Spending Problem? канала Learn Liberty
People say the government has a debt problem. Debt is caused by deficits, which is the difference between what the government collects in tax revenue and the amount of government spending. Every time the government runs a deficit, the government debt increases. So what's to blame: too much spending, or too little tax revenue? Economics professor Antony Davies examines the data and concludes that the root cause of the debt is too much government spending.
Find LearnLiberty on...
Twitter: http://bit.ly/RBl3Wv
Facebook: http://on.fb.me/X9qijG
Our Website: http://bit.ly/RBl3FH
Видео Does Government Have a Revenue or Spending Problem? канала Learn Liberty
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