Panel of Academics to Address 'Debt and Deficits: Implications for US and Global Economic Recovery'

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Jul 15, 2010, 02:46 ET

WASHINGTON, July 15 /PRNewswire-USNewswire/ -- Bruce Yandle, Dean Emeritus, Clemson College of Business and Behavioral Science; Jeffrey Miron, Senior Lecturer and Director of Undergraduate Studies, Department of Economics Harvard University; David Primo, Associate Professor of Political Science, University of Rochester; Veronique de Rugy, Senior Research Fellow, Mercatus Center at George Mason University will be on the panel at a National Press Club Newsmaker press conference at 10:00 a.m. on Tuesday, July 20, in the Zenger Room of the National Press Building, 529 14th St., N.W., Washington, DC.

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The panel will examine the economics of spending and budgets and what is surely going to be a heated issue during the upcoming elections.

Politicians and some economists say that debts and deficits don't matter. Do they? Is the sky really falling or are those who worry about the U.S. debt overreacting? What are the costs of debt? What are the lost opportunities?

The panel of academics who are focused on these issues will be presenting new research that answers the questions of: How much debt is too much? What does the U.S. debt mean for the average citizen? What can be done to reduce the country's debt and spending deficits?

SOURCE National Press Club