5 Things You Need to Know About the Federal Budget Process
Pantsuit Politics
00:00
How to Budget for a Great World Economy
The only developed nations in the world with a higher debt to gross domestic product ratio than us are Portugal, Italy, Greece, and Japan. Some economists think that as long as our interest rates aren't ballooning, we're okay to just keep borrowing more. Another view of the world is, hello, by 2050, we're going to be at 150% of our GDP in debt, worse than World War II era.
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