Macro 5.4 & 5.5 - Government Deficits, National Debt, and Crowding Out - NEW!

[@bindusimon2211]

i cant find the answers to the question in the description

[@glennwatson3313]

When I teach this I don't say the "federal government runs a deficit." I say "Congress" runs a deficit. I do this because I want to emphasize that congress is in charge of spending. Do you think that is correct. I also do it because on a PowerPoint it is easier to write Congress than "The Federal Government .

[@CareyLaManna]

Yeah absolutely. I love to try to emphasize that these are decisions being made by some people as opposed to the vague faceless entity known as "government"

[@glennwatson3313]

I think you made a mistake when you said around 5:38 that, "in 2022 the US government is projected to pay about 305 trillion dollars in interest." I think that's Billion with a B.

[@CareyLaManna]

uh oh did i say trillion? yikes

[@supersonic2778]

LaMoney not looking too good in the thumbnail