TY - RPRT AU - Mateer, Dirk AU - Geerling, Wayne AU - Milovanska-Farrington, Stefani TI - "Pop" Goes the National Debt PY - 2025/Jan/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 17640 UR - https://www.iza.org/publications/dp17640 AB - This paper provides a novel way for instructors to teach about the perils of a large National Debt, which is currently $36 trillion. We provide a detailed lesson plan that utilizes balloons to illustrate the possible paths a society can take to address this issue. The lesson plan consists of an introduction, images and data that can be used to spur discussion and reflection, how to utilize the balloons to help students understand three different debt scenarios, and a series of follow-up questions and answers to help debrief the activity. KW - budget KW - debt KW - debt-to-GDP ratio KW - deficits KW - fiscal policy KW - national debt KW - revenue KW - spending ER -