National Debt / Voodoo Economics Video & Slides

This slide show explains why the Republican debt is $12 Trillion when calculated by the balanced-budget standard that Republicans prefer, but only $9.2 Trillion by economic standards. It aslo explains some about why the debt went out of control, and when debt is good and when it's bad.

Here's a short version that only cover the economic approach, where the debt came from and the boom caused by the WWI debt.

This video also uses the economic approach (not the Republican's balanced-budget approach) to calculating the Republican debt.

You may download and post these shows.