U.S., CA Debt Explained in 3 min.

U.S., CA Debt Explained in 3 min.

John Seiler:

The following 3 minute video explains what’s wrong with government debt. It specifically concerns the federal debt of $15.2 trillion (the number has gone up since the video).

But it also applies to California’s $500 billion debt for government-worker pensions.

Where’s all that money going to come from?

Jan. 7, 2012

 


Tags assigned to this article:
California debtJohn Seilernational debtpensions

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