Myths About Our Debt

Perhaps the lamest myth about our government debt is that it’s about $20 trillion. “In reality, it’s much more,” says Antony Davies, an American economist, speaker and author. Davies says trillions more from federal agencies and government-sponsored enterprises and unfunded obligations from the state and local level have pushed the debt to a staggering $150 trillion! Davies presents a stirring visual of our out-of-control debt and unfunded liabilities, and a possible solution, in this episode of Learn Liberty.

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