Robert Reich explains the economy

[Clip-Clop]

Originally Posted by Riot

Pretty good stuff:

Much of the deficit is due to:
A) spending too much
B) lack of income

Correct answer, here: Robert Reich explains the "what's wrong with the economy" in 2 minutes, via pictures

http://www.youtube.com/watch?feature...&v=JTzMqm2TwgE

And more (the proven myth that "trickle down" is an effective economic policy)

http://www.youtube.com/watch?v=ozMpj...layer_embedded

An economist decided to make videos explaining that if you spend to much and don't make enough you will be in the red. That was really nice of him to explain that for you.