Emily Skarbek on International PressTV explains why the failure of the U.S. government in raising the debt ceiling is not "catastrophic" as President Barack Obama's chief economic advisor Austan Goolsbee claims.
Ivan Eland on Russia Today discusses why cuts to the U.S. military budget are unlikely to happen, given how the defense industry is closely tied to campaign funding for politicians.
Originally aired on 4/15/10 on ABC 7 News. Independent Institute Research Fellow Emily Skarbek spoke on free markets and individual liberty at the second annual Tax Day Tea Party rally in San Jose, California.
