Government Debt and Deficits Are Not the Problem – Private Debt Is

PAUL JAY: Welcome to The Real News Network. I’m Paul Jay in Baltimore. As the effects of the sequester agreement ripple through the American economy–massive cuts, that is, to social programs, and the military to some extent–one thing is clear: both sides–President Obama and the leadership of the Republican Party–seem to think that public debt […]

Continue Reading...