Saturday, January 21, 2012

The solution to the Debt Ceiling


Humor has a way of helping make a point.  I think we can share this one with our not so econ-nerd friends, the punchline really hits home.



Debt Limit, going UP. <ding>



And for the more serious study today we have four minutes on The Expenditure Categories of GDP which was just posted by Jodi at Economists Do It With Models.





This video outlines the expenditure categories of Gross Domestic Product and explains how they come together in order to form aggregate output or income.


If you like that video you can find more on the page above.






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