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Welcome to UCRs Osher Lifelong Learning Institute > Spring Term 2025 > Spring Events

Spring Events   

  • Osher LIFE Lecture Series: Federal Deficit Spending and the National Debt: Crisis, Concern, or Calculated Strategy?
  • Fee: $0.00
    Dates: 5/20/2025 - 5/20/2025
    Times: 1:00 PM - 3:00 PM
    Days: Tu
    Sessions: 1
    Building: EUV Riverside
    Room: EUV 1101
    Instructor: Allen Merrill
    Seats Still Available: 99

    Let’s dissect the maze of federal finances, where staggering numbers tell a sobering story. Our national debt—a mammoth $36 trillion—is projected to balloon past $50 trillion within a decade. But that's merely the visible portion of the iceberg. Factor in Social Security's unfunded promises, and the true debt soars to a mind-numbing $110 trillion—nearly quadruple our current $28 trillion GDP output. Are we sleepwalking toward disaster while passing this burden to our children and grandchildren? Is this mountain of debt truly the existential threat it appears, or just an accounting fiction as some economists argue? Must we actually eliminate this debt, or can we simply manage it indefinitely? And what about the seductive yet potentially dangerous solution of creating more currency—can creating more money offer us a painless escape? These questions aren't just academic—they're being debated right now!

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