Is there a tipping point for U.S. debt?

The U.S. national debt clock continues tallying the national debt for the duration of the Republican National Convention at the Tampa Bay Times Forum in Tampa, Florida, on August 28, 2012.

A country with lots of debt isn’t going to see much growth, right? That's a widely-held belief among the political class, supported by well-funded bipartisan PR campaigns. But many economists just don't agree.

Bloomberg senior writer David Lynch joins Marketplace's Mark Garrison to explain both sides of the debt debate.

 

 

About the author

Mark Garrison is a reporter for Marketplace and substitute host for the Marketplace Morning Report, based in New York.

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