Summary: Video to help answer and begin discussion on national debt.
If you are discussing the national debt, check out this 30-minute video.
Do you believe in Ricardian equivalence? The evidence shows that most consumers did not spend their rebate check. Instead they saved part of it. Do you anticipate higher taxes? Are you going to leave a bequest? I think these questions are part of any discussion on the debt.
About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an EconEdLink.org author.
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