U.S. Debt Crisis Explained

Don’t watch this if you’re in a good mood. Knowing how and why our government created and responded to the debt crisis doesn’t make it easier to stomach.

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15 Responses So Far

  • dineshs   U.S. Debt Crisis Explained  about 8 months ago
  • Thahir A.   U.S. Debt Crisis Explained  about 9 months ago
  • samanthajanek thinks U.S. Debt Crisis Explained is Fail  about 9 months ago
  • This video completely ignores the effects of the Bush tax cuts. Take a look at the above image before you try to tell me those people at the top somehow can't afford to clean up the mess they've made.

    samanthajanek
    9 months ago
  • JEsc0123 thinks U.S. Debt Crisis Explained is OMG  about 9 months ago
  • Rodro thinks U.S. Debt Crisis Explained is Fail  about 9 months ago
  • freestatemyth thinks U.S. Debt Crisis Explained is Fail  about 9 months ago
  • danielandresr   U.S. Debt Crisis Explained  about 9 months ago
  • debrat   U.S. Debt Crisis Explained  about 9 months ago
  • Wow this is really stupid and misleading. I like how it's acting like this recession is related to debt and inflation. We have been seeing no inflation and have been on the edge of DEFLATION since the recession.  More importantly, a government is NOT a middle class household and its debt activities cannot be compared to one.

    Salty
    9 months ago
  • Erin W. thinks U.S. Debt Crisis Explained is OMG  about 9 months ago
  • Kris B.   U.S. Debt Crisis Explained  about 9 months ago
  • U.S. Debt Crisis Explained is starting to get hot on Facebook Share It  about 9 months ago
  • Abe T. thinks U.S. Debt Crisis Explained is Fail  about 9 months ago
  • gonegonegone
    9 months ago
  • Also, the most damning thing about this video is that it pretends that we didn't have a balanced budget in the late 90's and even claims that the tax levels that produced that balanced budget would cause riots. I was alive in the 90's. There were no riots due to Clinton era tax rates.

    Ego Scriptor
    9 months ago
  • This is total bullshit and revisionist history. The recession was not caused by the government's debt nor was government borrowing responsible for outsourcing. No actual research economist thinks this. Moreover, economists agree that inflation is not a concern in any of the world's developed markets at the moment. Finally, it is not true that raising taxes during a recession will always exacerbate the recession. It is a question of what taxes you raise. The Germans raised their VAT and created a wealth tax in the earliest part of the recession and they're currently experiencing the strongest recovery of any country in the western hemisphere.

    Ego Scriptor
    9 months ago
  • I got 45 seconds in and found two inaccuracies that any high school econ student should be able to spot. This is right-wing propaganda.

    gonegonegone
    9 months ago
  • U.S. Debt Crisis Explained was rebuzzed by ale88  about 9 months ago
  • vr9306a   U.S. Debt Crisis Explained and thinks it’s Fail  about 9 months ago
  • THIS IS GROSSLY INACCURATE. PLEASE DO NOT TAKE THIS AS 1) NON-PARTISAN, 2) FACTUAL IN ANY WAY.

    vr9306a
    9 months ago
  • TorcherQueenie   U.S. Debt Crisis Explained  about 9 months ago
  • The lesson learn here is we are all doomed. Thanks, corporate America.

    Tojamaru
    9 months ago
  • akmlk thinks U.S. Debt Crisis Explained is OMG  about 9 months ago
  • Im hoping for two things: people (politicians and their misguided supporters) stop their self interests and hard line a proper fix, or they just release the zombie virus because I'm tried of all this shit.

    VashTSChacon
    9 months ago
  • melf   U.S. Debt Crisis Explained  about 9 months ago
  • sharkfighter   U.S. Debt Crisis Explained and thinks it’s OMG  about 9 months ago
  • vickyh   U.S. Debt Crisis Explained  about 9 months ago
  • Web Sta   U.S. Debt Crisis Explained and thinks it’s Fail  about 9 months ago
  • This was really really good.

    oisinc
    9 months ago
  • Brent Dady thinks U.S. Debt Crisis Explained is Fail  about 9 months ago
  • Danny FN Wu thinks U.S. Debt Crisis Explained is Geeky & OMG  about 9 months ago
  • trevorm4   U.S. Debt Crisis Explained  about 9 months ago
  • David G. thinks U.S. Debt Crisis Explained is Geeky & OMG  about 9 months ago
  • LOL econ 101

    robertoo
    9 months ago
  • raven coleslaw   U.S. Debt Crisis Explained and thinks it’s Geeky  about 9 months ago
  • ivanz   U.S. Debt Crisis Explained  about 9 months ago
  • abstractj3   U.S. Debt Crisis Explained and thinks it’s Win & OMG  about 9 months ago
  • realitytvkills   U.S. Debt Crisis Explained  about 9 months ago
  • HAHAHA, buzzfeed takes on fiscal and monetary operations… what a fucking joke. this video is so full of misinformation it's unbelievable.

    callthezoo
    9 months ago
  • callthezoo thinks U.S. Debt Crisis Explained is Fail  about 9 months ago
  • marissas4   U.S. Debt Crisis Explained and thinks it’s Geeky & OMG  about 9 months ago
  • Brad Heath   U.S. Debt Crisis Explained  about 9 months ago
  • Alicia K.   U.S. Debt Crisis Explained  about 9 months ago
  • stephaniem21   U.S. Debt Crisis Explained  about 9 months ago
  • hannahsachie thinks U.S. Debt Crisis Explained is OMG  about 9 months ago
  • I like the idea of a simple explanation of the facts without an agenda. Unfortunately, this explanation is a little glib.
    For one thing, the US has no problem paying the interest on its debts.
    Also, There is no debt crisis! The whole debt ceiling debate was just political theater on both sides.
    Here's a more accurate explanation of the reasons behind the debt ceiling deal and our public debt if you're interested:
    The Deficit Deal: We Got Taken

    Bradley A.
    9 months ago
  • charlesd thinks U.S. Debt Crisis Explained is Win  about 9 months ago
  • joshuay thinks U.S. Debt Crisis Explained is Win & OMG  about 9 months ago
  • Neko M. thinks U.S. Debt Crisis Explained is Geeky  about 9 months ago
  • The calm, matter-of-fact voice telling us how fucked we are is somehow a lot scarier than any screaming pundit I've ever heard.

    Riff
    9 months ago
  • nice seeing a NON-PARTISAN, non-finger pointing, blame game piece for once. well done.

    kennymccormick
    9 months ago
  • kennymccormick   US Debt Explained. Uh Oh.  about 9 months ago

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