US Debt Surpasses GDP Due to War Spending: How Will Working People Be Affected? w/ Richard Wolff

The ratio of U.S. government debt to GDP (gross domestic product) is now over 100% – meaning the U.S. government is in more debt than the size of the entire U.S. economy. Professor Richard Wolff and Brian Becker break down why the U.S. government has gone into so much debt, and how it affects the working class. Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com. Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.