Should the U.S. Government Balance Its Budget?

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Title	:	Should the U.S. Government Balance Its Budget?
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Because they spend spend spend like chopping down a forest they never put it back
Comment from : John

Honestly feel all these bonds are Marjority held Via company's and rich peoples Feel like they should bN organizations non profit, corporates all but individuals from being able to buy bonds This would mean only the people fund the government and this influenced them versus corporations
Comment from : Khristopher Heiss

7:00 took a while, but we're starting to finally see the effects of inflation hit!
Comment from : Daniel Kaspo

the tax cut and jobs act caused the economy to skyrocket even further the pandemic barely caused the market to drop it was the bipartisan RESPONSE to the pandemic that has caused our current economic climate
Comment from : Alexander Peraza

The "National Debt" is just "Excess Currency in the Economy" that has not been Taxed out, which is to say the Government has Credited more dollars into the Economy than it has Taxed out Want it Back? Do a T-Bond Buyback, Or Tax the Rich, they are the ones who have it! The Money doesn't disappear Folks, it is the the Same economy that Creates the Value of the Dollar The United States National Debt is really just a Checking Account for Really Rich Folks and Corporations, if you transfer them out to Cash on the other side of the Ledger it is no longer considered debt by some strange maneuver of Accounting No Money actually changes hands and it all stays in the Fed Account in New York That is why what is considered the National Debt is a Mirage
Comment from : Bargdaffy 153

This is really insightful For once I understand more deeply about economics
Comment from : Farid Habibullah

How about that, a broadcaster funded in quite large part with government money telling you that government spending money even though it doesn't have that money is a good thing
Comment from : microcolonel

I don’t Care what fancy terms you use, spending money you don’t have is not good for the economy long term It’s great for the short term, people have lower taxes and more social benefits, but one day the credit card bills will become due And its morally bankrupt to make later generations pay for our irresponsibility
Comment from : Arianna Ardent

This video hasn’t aged well
Comment from : Keith Christensen

this has aged well lol
Comment from : Pig Goes Moo Productions

Yes America should adjust their budget so we're not bankrupt country I need to do like you do when you need more money you just print it midgar dollar even more worthless
Comment from : John

Here is just one of a thousand reasons why we have a deficit! In the 117th congress we had 7 politicians that were convicted of fraudbr19 wrote bad checksbr117 bankrupted at 2 businessesbr3 arrested for assaultbr71 cant get a credit card cause of bad creditbr14 arrested for drugsbr8 convicted of shop liftingbr21 members are accused in unknow lawsuitsbr84 have a drumk driving arrest br You wanna know why our country runs in deficits heres the reasons why We have criminals running our country that cant even do their own finances or stay out of legal trouble in their personal lifes Wake up America
Comment from : Rich Westlake

Bill Clinton did it
Comment from : Kevin Arzola

Thanks! I never really understood this topic and why we font try paying down our debts This helped so much!
Comment from : Brianna Goodrum

This video aged very poorly, lol no inflation see it's ok lol Like if I shot someone walk outside and go see no cops I'm free, it was on the way just hadn't arrived yet lol
Comment from : Dustin Mondou

Commies!
Comment from : Matt Packer

AMERICANS GO BACK TO THE GOLD STANDARD
Comment from : Finn

GET RID OF THE FED
Comment from : Finn

BALANCE THE AMERICAN FEDERAL BUDGET
Comment from : Finn

DRASTICALLY REDUCE FEDERAL SPENDING
Comment from : Finn

DRASTICALLY LOWER FEDERAL TAXES
Comment from : Finn

No high inflation? This aged well
Comment from : Im not a robot

Great video as usual 💫To be successful, it is important to have financial goals and work towards achieving them I achieved big profits on my investments through consistency and guidance from a financial adviser
Comment from : Jared Robinson

This is not a debate it’s the fact we got bent over on the detachment phase
Comment from : Caos Boy

Congress, which has committees that look with a fine-tooth comb at how taxpayer money is spent by the EPA, OSHA, the FDA and FTC, the Education Department, the Labor Department, Health and Welfare, Medicare, Medicaid, NOAA, etc, (all of which agencies and departments have to submit full audits of their expenditures before getting their next year’s appropriations), has no idea, and for decades has had no idea how the Pentagon has spent already allocated funds, and thus no idea why it needs what it is asking for!
Comment from : Lemont Adams

As soon as y’all started referencing Keynes I should have known this was garbage What y’all aren’t covering is that someday that debt issued today has to be paid in the future Further the interest paid on that debt increases every year Per Keynes “we’re all dead in the future” Ideology that proves his theories are not sustainable You’ve got to pay your debts
Comment from : Jeff Blackard

We weren’t in a recession and closing the world over Covid was outright stupid as people had been saying for a long while
Comment from : Jeff Blackard

DOWN GRADED ON THIS USA ! POLICE FORCE LESS THIS WHY ROBOT SAFE LARGE WIPED OUT CRIME's FOR THE PUBLIC KNOWING ROBOTS SMART FROM POUR HELL $13,000 YEAR CONTROL OF WAVES AIR AND COMPUTER's LOOK AS SHIT YOUR FOUND JESUS WANT ALL POUR ! ITS VATICAN ROYAL CON''s THEY FOR POUR STEALING BUILDING SCHOOL FOR BOOK SALES OF THE POUR ! SELLING HELL ! TAKE TAKE TAKE SUPER TRAMP VEG's
Comment from : Timothy

$13,000 year WLECOME TWO HELL ! ALL GOING TWO JOIN ! HEAVEN THE CRIME FAMILY AND ITS CON''s ON ALL OF US FAKE MONEY AND TAXES 3 SETS BOOK''s THEM FOOL's MADE THIS ON THEM SELF's PUBLIC NOT PAYING !
Comment from : Timothy

This didn't age well
Comment from : Brian Anderson

“We haven’t seen a meaningful increase in inflation” oh boy how things change quick
Comment from : Luís Andrade

So tax up when it's good and spend it when it's bad
Comment from : James Renfroe

I love your channel but this video did not age well
Comment from : DANIEL CONWAY

I'm wondering how this video is not removed yet 😂😂
Comment from : Rohan93

They should rectify about the part where they said that the warnings of print more money wouldn't come in inflation A year later of this video (2022) we know that the enormous quantity of money that the Fed printed in 2020 and 2021 was catastrophic for the worth of money and the people's savings and incomes
Comment from : Marco González

The US also makes money by selling weapons to terrorists
Comment from : thespcrewroy

This video aged like milk HAHAHA
Comment from : Taicho116

I think austerity is good, as long as you don't overdo it The US could use some austerity right now, in fact!
Comment from : Tom Yao

6:51 Well this aged well Didn’t it?
Comment from : Nyal

What's America's side hustle?
Comment from : SamB33

This video aged horribly Back to austerity!
Comment from : Jared Valles

Inflation though in 2022 Sounds like you guys need to revisit flooding the market with money and how that impacts inflation Big miss of this point First time I watched this video I knew it was off
Comment from : Paul Anderson

This didn’t age well
Comment from : Adrian Iglesias

Now can we talk about the effects of excessive stimulus/high inflation? Namely the shifting of value from wage earners and savers to borrowers and investors
Comment from : Tyler Peterson

6:57 "Despite the FED creating Trillions of new dollars, we haven't seen a meaningful increase in inflation" That did not age well
Comment from : chat bass

Dude smooth acts like governments cant cut back on spending 😂😂
Comment from : brainwashing detergent

The government has no budget to blance The government spends what it wants when it wants and has an endless supply of cash through the Federal Reserve Wake up people! We never go broke
Comment from : Skip Bo

This hasn’t aged well
Comment from : Nathan Piro

“We haven’t seen a meaningful increase in inflation”brbrOof That didn’t age well
Comment from : Evan Myers

This video will not age well
Comment from : Shawn J

Aside from current bump in inflation (largely driven by parndemic-related issues), this is an incredibly helpful video
Comment from : Allison Goldberg

6:59 7 inflation now It's not even on your scale, Ma'am
Comment from : Sir Sweet

No mention of how printing new dollars can devalue existing dollars huh?
Comment from : Lecto-Sama

Julia with glasses 🤓👌🏽 Im here for it!
Comment from : Christian Jane

My tax/budget plan:brbrSpending (doesn’t include social security): brbrMilitary/defense agencies: 1 trillion dollars (currently like 115 ish trillion, would trim members by arround 25 raising standards of each organization, and give remaining member’s a 10 pay raise if there is still excess move this money to improve research budget of military equipment)brEducation: 400 billion (10 raise to teachers salaries, free school lunches, newer textbooks and facility, improved school security, better fiancial classes)br200 billion for nasa and research projects to improve futurebr200 billion towards infasture projectsbrTaxes:brRemove all current tax breaks/cutsbr2 0-10,000; 5 10,000-30,000; 8 30,000-60,000; 10 60,000-100,000; 13 100,00-150,000; 16 150,000-250,000; 18 250,000-400,000; 20 400,000 and upbrbrThis is same with capital gains and dividend tax’s, raise tax breaks for hsa accounts up to $6,500 per yearbrbrShould generate arround same amount as current tax brackets do 19 trillion dollarsbrbrIncrease tariffs taxes to 32 increasing to 100 billion in revenuebrbrLegalize drugs place 30 tax on 100 billion dollarsbrbrMove corporate tax down to 20: 200 billion dollarsbrbrRemove all tax’s except social security not mentioned abovebrbrMy social security plan:brbrMove age to 6875 have it go up with life expectancy from now on Total cost: 850 billion dollarsbrbrRemove all non-social security tax’s payroll tax’sbrbrIncrease social security tax to 65 from 62 brbrRemove income relief on this to move income to arround 13 ish trillion from taxbrbrMedicare for elders: at 65 years old offer free health insurance that cover’s everything over $16,000 with a deductible of $5,000brIncrease benefits the longer the wait to claim this MedicarebrbrTotal cost: 450 billion dollarsbrbrDo a 1 time networth tax of 25 pay off all us debts use excess of money after getting debt free to pay for new power lines and power storage to build 100 renewable energy capabilities
Comment from : Open Your Mind

The Government should watch Two Cents for Financial Advice
Comment from : Matt08

Buy Crypto
Comment from : Exauce Mayunga

SolutionbrbrbrMind your own business not Afghan not middle East
Comment from : kartikey Gupta

#ENDTHEFED
Comment from : Pedro Espinoza

6:57 didn't age well
Comment from : haydn mclennan

And now inflation is at decades high gdp and debt ratio is above 100
Comment from : Mephistoss

No inflation claim aged like milk
Comment from : Matthew Johnson

Amazing
Comment from : Gabe

Though I believe we should reform our programs and make them more efficient and properly regulated, and offer families in tough financial times financial guidance not just money Sometimes People spend money just because they can't see the light at the end of the tunnel I know I helped my mother get out of debt (just a mortgage now) and now she's SUPER happy to see her mortgage went from being 5 years in to a 30 year mortgage, to being in a 15 year mortgage going to pay it off in 9 years She's not spending mindlessly anymore either, because she loves not having to owe anyone moneybrbrI've lived most of my life not having to worry about paying anyone back, just student loans and mortgage since I've been lucky enough to curve my spending early in life and able to get and keep a decent job I've only owned 2 vehicles in my life, and maybe in 10-15 years it'll be time to get rid of my 2nd vehicle and get my 3rd
Comment from : FangerZero

Why don't you just print more money and get more debt? According to the video there are no consequences to that! So why not go all the way and print enough for all of us to go home and do nothing!
Comment from : Claudio Parra

Well Let's see how Argentina is doing by printing money and following keyne's economic principles I thought this was a cool channel until the lies of this vídeo
Comment from : Claudio Parra

2 Cents: No one is saying debt is a good thingbrRobert Kiyosaki: Am I a joke to you?
Comment from : Tee Jay

You found the solution to poverty, just print money and give everyone a billion dollars
Comment from : Hold Bitcoin

We really are seeing that inflation now Guess you should probably wait before putting out your propaganda
Comment from : ThatManCam

They really lied and tried to pretend bill Clinton ran a surplus? Not surprised coming from PBS You can go look at the national debt under bill Clinton, it increased every single year
Comment from : ThatManCam

How can you say inflation hasn't actually happened when housing, stock market, energy, vehicles have increased double digits year-over-year
Comment from : Mr Anderson

Hi guys here an ecuadorian please sent this video to the actual president who will propose another package and multi law for tax increase and cutting gov expenses and a new labor law with cheap contracts, greatings i follow your channel for early and never expect you named my country ecuador ! Wow
Comment from : Mauro Gonzalez Inaqui

wow this is great
Comment from : Lawrence Lao

We need to cut our budget by over 95 which would piss off 95 of everybody Every percent of the budget we cut we piss off another percent of everybody
Comment from : JoeAceJR

If ur gonna quote Keynes, shouldn’t you introduce say, Milton Friedman’s theories?
Comment from : Craig Daniel

Looks like this channel supports Leftist politics of being short sighted, recklessly spending and turning a blind eye to all the problems they created
Comment from : CaveFreediving

The federal government doesn't need to curp its spending - the federal government
Comment from : Bastiat C

“Thank you I get that a lot” 😂
Comment from : cfettis

That inflation comment aged like milk
Comment from : Dean Cuban

I am still worries that national debt can explode someday? Just because it hasn't happened in US, doesn't mean it can never happen?brbrIf I remember, something like this happened in Russia? The country defaulted on it's debt? Ton of people lost their money
Comment from : Varun Agrawal

How's that whole "no inflation" thing working out for ya
Comment from : Tes Burner

I think focussing on reducing waste will do more than cutting spending By passing right to repair laws we could use our stuff longer than we can now meaning we spend less on things like computers, cars, refridgeraiters, tractors, and phones in the long run
Comment from : Sawderf

When you make something more expensive fewer people will buy it
Comment from : Sawderf

Love this video Very positive message
Comment from : kingmantheman

Okay, economics experts: can anyone explain to me if federal stimulus affects inflation?
Comment from : YourCreativeDreamer

You shouldn't own any bonds
Comment from : Adam Hurd

You did a great job of promoting the government's position
Comment from : XO MtHood

Too much misinformation here
Comment from : Herb Wiseman

There are some errors in this presentation The speakers seem to ignore MMT and thus should be ignored There is NO need to pay of the debt because it is NOT a result of borrowing as this video presented The “debt” is really the net spending by the government Taxes are NOT govt revenue and is NOT needed fro spending
Comment from : Herb Wiseman

Nice video but where’s your data to backup your claims when it comes to The Great Depression, 2008, 2020 Economists like Thomas Sowell laugh at these videos
Comment from : Nova Bad kitty

1930's economist: in the long run we're all dead!br2010s youth: yeah thanks for kicking that can to us
Comment from : xander x

I like your finance videos but economics and macro-policies, which everybody loves to talk about, honestly seems like you bit off more than you can chew Also, politicians never want to do countercyclical policies because incentives are to not go for contraction That is why FED independence is important, but Powell has sowed a lot of doubt about FED’s independence Nice bit about inflation in hindsight too
Comment from : Brian Moon