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.
Part 1: Introductory Remarks by David Theroux Part 2: Why Economics Matters more than Ever with Gregory Rehmke Part 3: Healthcare Reform: a Principled Critique by Michael Winther
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.