US Trade Deficit - Mortgaging Our Kids Futures
- Duration: 3:16
- Published: 2010-05-11
- Uploaded: 2010-12-12
- Author: MillerJamesD
There is only 1 real answer: Simply spend less than you take in! There's $13 Trillion in US National Debt on the books so far, and counting ( USdebtClock.org ), totaling over $53 Trillion in unpaid for obligations, already signed into US law. Stack $53T dollars up, and it would go to the moon (238850 miles one-way) and back over 6 1 times! Force politicians to face the NATIONAL DEBT problems! Without decisive government spending cuts, this will certainly ruin all Americans. There is no free lunch... Believe it when credible people are ringing alarm bells, including: former US Comptroller General David Walker (Government Accounting Office), Warren Buffett, Alan Greenspan, Ron Paul, Paul O'Neill, Robert Rubin, Paul Volcker, Bob Bixby. Watch more at www.youtube.com (short movie) or www.ioUSAtheMovie.com or better yet, buy or rent the DVD! IOUSA quote "Wake up, America! We're on the brink of a financial meltdown. IOUSA boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must mend its spendthrift ways or face an economic disaster of epic proportions."