Economic Challenges Ahead
George and Russ discuss the fragile state of the economy, with concerns about deficits, declining housing prices, and a potential permanent underclass. While George worries about the structural costs of borrowing and the lack of upward social mobility, Russ focuses on the political process and its ability to cope with these challenges. They both agree that tough choices need to be made, but differ on the extent of their worries.In this clip
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EconTalk
George Will on America, Politics, and Baseball
Related Questions
Would money printing be a mechanism to prevent U.S. defaults as discussed in the episode ECONOMIC CRISIS: Ray Dalio's Warning For The Banking Collapse, US Dollar & Upcoming Recession and the clip Currency and Responsibility?
Would money printing be a mechanism to prevent U.S. defaults in the context of the episode ECONOMIC CRISIS: Ray Dalio's Warning For The Banking Collapse, US Dollar & Upcoming Recession and the clip Currency and Responsibility?
Would money printing be a mechanism to prevent U.S. defaults in the context of the episode ECONOMIC CRYSIS: Ray Dalio's Warning For The Banking Collapse, US Dollar & Upcoming Recession and the clip Currency and Responsibility?