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Stimulus: Inflation and Taxation

TwoFeather
TwoFeather - 170 Views
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170 Views
Published on 13 Aug 2020 / In Film and Animation

President Trump and the Congress are deadlocked over another stimulus bill. People are worried about how they will pay their bills today and pay off the national debt in the future.

The government used to pay off it's debt, so how did we get to be a nation in debt? How did inflation cause our dollar to buy so much less? How does the government collect taxes from us now, when they couldn't when the Constitution was first signed?

Art Thompson takes us through all these topics to understand how we got to where we are today in Activate America.

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