Monday, July 19, 2010

Should we be afraid of increasing debt?

With the country in financial crisis, is now the time for government to spend money or save it? As part of our Agenda for a New Economy series, we're taking on the deficit: Should we be afraid of increasing debt? Or should we spend our way out of trouble and face the consequences later? We're debating the costs of deficit spending in an economic crisis, and the long-term effects of a growing national debt. Join the conversation live at 11 a.m. or send your questions and comments to Should a county in financial crisis worry about its deficit? It's Your Call with Rose Aguilar, and you.

Dr. Diane Lim Rogers, chief economist at the Concord Coalition and former chief economist for the House Budget Committee.

Mike Konczal, fellow with the Roosevelt Institute where he works on financial reform and budget issues.

Click to Listen: Should we be afraid of increasing debt?