Ethan Pollack about How Deficits Form and How to Deal with Them

 Ethan explains how deficits develop, why structural deficits a re what's really hurting us  and the various ways to tackle. They consider how  lowering tax-rates on the rich,  high healthcare costs and tax subsidies exacerbate them. Bill ends with an question  on the idea that we need to cut workers' income to deal with deficits.

Ethan is an analyst with the Economic Policy Institute.