Five Misconceptions About the National Debt
September 12, 2008
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2:11Now PlayingFive Misconceptions About the National Debt
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as posted by the channelFive Misconceptions About the National Debt
1)The proper measure is the total debt and not yearly deficits.
2)The national debt is actually below the post-WWII average.
3)The debt is not large enough to raise interest rates.
4)The main concern is future debt.
5)And, economic growth reduces the debt burden.
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