Ep. 107 – America's National Debt 101

What is our national debt?  How much is it and why does our government continue to spend money it does not have?  How is it different than our deficit?  Whatever our government spends has to be paid back, eventually, through either increased taxation or increasing our debt load.  Knowing that, in what way does debt misrepresent the size and price of our government?  These questions and many others will be discussed by our panel and Dr. Gary Wolfram, Professor of Economics and Public Policy at Hillsdale College.  Join us for this conversation on our national debt.