The Burden of National Debt
Don and Russ discuss the burden of national debt and how it falls on future taxpayers, regardless of the nationality of the bondholders. They explore the idea that even though the debt may be justified, it still poses a burden on future generations.In this clip
From this podcast
EconTalk
Don Boudreaux on Public Debt
Related Questions
How is borrowing money sustainable in the context of the episode Don Boudreaux on Public Debt and the clip Public Borrowing and National Debt?
Will the US government print more money as discussed in the episode Don Boudreaux on Public Debt and the clip Government's Monopoly Power?
Could you explain Mr. Friedberg's case from the All In podcast that US government spending is getting dangerously close to causing a death spiral effect, where the country becomes focused on paying its debt more than anything else? Also, could you explain his point about too many people in the US becoming dependent on working for the government directly or indirectly?