More Fiscal Cliff Analysis

This More Fiscal Cliff Analysis video also includes:

Continuing from a previous video explaining the various budgetary proposals of 2013 in the United States, this video illustrates a more in-depth analysis of the fiscal cliff. It reviews complex concepts such as the pros and cons of reducing federal debt as a percentage of GDP, how increased borrowing and spending may lead to a slight recession or inflation.

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CCSS: Adaptable
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Pros

  • Uses a variety of charts and graphs to help illustrate economic concepts
Cons

  • Graphs and concepts discussed may be more appropriate for an advanced or higher-level course
  • Learners should have strong foundational knowledge of content-specific vocabulary associated with economics