Math for Grownups
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Special Sunday Edition: Debt, deficit and debt ceiling

Photo courtesy of iDanSimpson

I don’t usually post on Sundays, but with Geithner’s debt-ceiling deadline looming on Tuesday, I wanted to share this really great video.  Using some math and graphs, the narrator explains the debt, deficit and debt ceiling in ways that even your 4th grader can understand.

It’s a little long — almost 10 minutes — but trust me, it’s not full of the gobbledy-gook that economists are sometimes famous for.  You will be smarter after you watch it.  Promise.

Questions?  Ask them in the comment section.  (But please skip the political comments. Math is neither Democrat nor Republican.)

Also, be sure to come back tomorrow for an exciting August announcement!

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In Personal Finance

Film Friday: Deficit, debt and math

As I was planning my posts for the week, I came across this fantastic video about the U.S. deficit and debt.  At first I had it scheduled for Friday, but with Geithner’s debt ceiling deadline looming on Tuesday, I decided you would probably benefit from seeing it sooner.  Who knows what will happen this week, right?

No matter what happens, you may have been wondering about the math involved with the deficit, debt and debt ceiling.  This handy video will lead the way.  It’s a bit long — almost 10 minutes — but very easy to follow and worth every second.  You’ll end up being  a much smarter person for watching it!

Questions? Ask them in the comments section! (But keep the political commentary for another site, please.)

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