Should the U.S. Government Balance Its Budget?

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Name	Should the U.S. Government Balance Its Budget?
Video Uploader	Video From Two Cents
Upload Date	This Video Uploaded At 27-01-2021 23:39:43
Video Discription	Check out If Cities Could Dance on Voices: https://youtu.be/PEepolx2AdE SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H You've probably heard a politician say, "If a household can balance their budget, then the federal government should, too!" But it turns out to be a bit more complicated than that... sources: https://www.investopedia.com/articles/investing/082415/what-are-federal-reserve-chairmans-responsibilities.asp https://www.usa.gov/budget https://datalab.usaspending.gov/americas-finance-guide/ https://www.nytimes.com/2020/04/15/business/coronavirus-stimulus-money.html https://www.investopedia.com/articles/investing/081415/understanding-how-federal-reserve-creates-money.asp https://advocacy.sba.gov/2019/01/30/small-businesses-generate-44-percent-of-u-s-economic-activity/ https://www.investopedia.com/insights/what-does-secretary-treasury-do/#:~:text=The%20Secretary%20of%20the%20Treasury%20acts%20as%20a%20principal%20advisor,printing%20money%2C%20and%20collecting%20taxes. https://www.thebalance.com/us-deficit-by-year-3306306 https://www.statista.com/statistics/268356/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-united-states/ https://knowledge.wharton.upenn.edu/article/does-austerity-work-or-does-it-make-things-worse/ https://www.ft.com/content/0940e381-647a-4531-8787-e8c7dafbd885 https://www.thebalance.com/austerity-measures-definition-examples-do-they-work-3306285 https://www.nytimes.com/2020/08/21/business/economy/national-debt-coronavirus-stimulus.html Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Andrew Matthews Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Andrew Matthews Images by: Shutterstock Music by: APM
Category	Education
Tags	pbsds \| pbs digital studios \| pbs two cents \| pbs 2 cents \| two cents \| money \| personal finance \| budget \| stimulus \| austerity \| Keynes \| federal reserve \| government spending \| cares act \| federal deficit

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