Econ 201 Debt and Deficits

Link to slides

For interest:

• Great balance budgeting game:  Fiscal Ship

• Tax revenues move with the strength of the economy (Slate, July 13, 2010)

• A 100% debt/GDP ratio means nothing!  (Robert Shiller, Slate, July 21, 2011)

• The New Deal's Works Progress Administration (WPA) - Newsreel, New York Times

• Bugs Bunny selling US Treasury bonds during WWII

• Higher marginal tax rates don't seem to have an observable effect on RGDP growth. (Elliot Spitzer, Slate, Feb. 23, 2010)