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Stephen Moore: Trillion is the New Billion?!

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Uploaded by on May 29, 2011

Stephen Moore, Senior Economics Writer for The Wall Street Journal discusses the national debt. With the national debt at $14.3 trillion, it will be Armageddon if we pass the debt ceiling extension without any conditions. Leaders in Washington should not allow an increase in the debt until 1) we get a balanced budget and 2) we have iron clad enforcements on spending caps.

Listen for when Moore discusses his 8 year old son's view of the debt and how LeBron James's annual salary might be able to help.

This is from the "How Capitalism will Save Us" Job Creation Summit hosted by the Family Taxpayers Foundation, May 22, 2011

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  • This is a seriously ridiculous speech..

  • Bring military troops and big corporation home!

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