Posted in: Awesome Videos to Watch Now, Educational, Finance TV, Politics and Video On Demand by Jaime McDougall on January 8, 2013

“If the U.S. government cut all government services except Social Security, Medicare, Medicaid, and payments on the debt, federal spending would still outpace revenues.

“Prof. Antony Davies argues that there are not specific cuts that will enable government to balance the budget. He says, “Nothing less than a redesign will solve this problem.” That redesign should begin by determining what the proper role of government is.” – YT

I found the previous video about Social Security quite interesting, so I decided to watch a few more. This guy is pretty good in terms of explaining things in ways that everyone can understand.

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