The difference between public and private debt

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Nothing annoys me more than a liberal arguing that the government should borrow more money because private businesses do.

There are clear differences between government and private business in terms of:

Governance

Scope

Scale

Interests of its participants

I try to explain this in way anyone can understand in this video, which you can watch here.

Check out my recommended reading list.

This article was edited for grammar, style, and spelling, but not for content. The views expressed are that of the author, Alex Merced, exclusively, and do not reflect that of BeingLibertarian.com or Being Libertarian LLC

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alexmerced@alexmerced.com'/
Alex Merced is a latino libertarian activist. Alex also runs the AlexMercedCast Podcast, LibertarianWingMedia,com, and is an active member of the Libertarian Party. Alex Merced is currently running for the U.S. Senate seat in New York against Chuck Schumer in 2016.

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