Government Debt: Fewer Jobs, Lower Wages, Less Opportunity for the Future | David Bahnsen
January 3, 2025
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3:32Now PlayingGovernment Debt: Fewer Jobs, Lower Wages, Less Opportunity for the Future | David Bahnsen
YouTube Description
as posted by the channelIn this clip, David Bahnsen talks about the alarming state of government debt. U.S. has accumulation of over $36 trillion debt, with annual deficits soaring even during periods of economic expansion. Bahnsen describes real-world consequences of excessive debt and how it undermines economic growth. From the example of Japan's declines, Bahnsen emphasises that the damage is happening now, not in some distant future.
David Bahnsen is the managing partner of a wealth-management firm and a frequent writer and public commentator on matters of politics, economics, faith and work, and markets. He is the author of several books, the latest being Full-Time: Work and the Meaning of Life.
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