This is a great short video from The Economist as it explains discretionary, mandatory, entitlements, interest and defense over the last five decades. It would be a good short exercise to explain the terms above (actually you would have to add in "entitlements" even though it explains it.
Friday, March 14, 2014
US Budget Spending Video Over Time
This is a great short video from The Economist as it explains discretionary, mandatory, entitlements, interest and defense over the last five decades. It would be a good short exercise to explain the terms above (actually you would have to add in "entitlements" even though it explains it.
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