How Will the Federal Debt Impact Future Generations?

On October 23, the Wharton School hosted the inaugural Policies that Work event – a series of discussions with leading thinkers from Wharton about the policies that shape America.

As the federal debt continues to reach unprecedented levels, it poses profound challenges to economic stability, government spending, and the financial security of future generations. In light of the economic and financial implications of the presidential candidates’ main policy proposals, Wharton professors Jeremy Siegel and Kent Smetters spoke with Senior Vice Dean Joao Gomes about how federal borrowing impacts interest rates, inflation, and future fiscal policies, and provide a clearer understanding of what rising debt means for the economy at large — and your personal finances. Watch the conversation below.

View upcoming installments of the Policies That Work series.

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