Pedro Olalla reflexiona desde Atenas sobre la situación que vive Grecia entendida en un contexto global (en español – subtítulos en inglés y español). Pedro Olalla reflects from Athens on the situation in Greece understood in a global context (in Spanish – English and Spanish subtitles).
Question by stefums18: With the overall level of debt that the United States government owes, is crowding out a problem for the US?
With the overall level of debt that the United States government owes, is crowding out a problem for the U.S.? Yes or no?
Best answer:
Answer by Stephen E
Yes of course. We are spending hundreds of millions on interest payments and that rising each year. Can you imagine if we had that money to spend on other programs? But the real problem is coming down the line as Medicare and other entitlements are over promised and nearly 200 trillion dollars short of funds for what they would need.
Big problems coming, Obama is not dealing with them, he’s too busy borrowing and buying an election.
Add your own answer in the comments!
