Thursday, May 13, 2010

Good Video on National Debt, but Clouded Message

Here's a short new videolooking at how the national debt has increased. It's well done, but I worry that thes message is too indirect. Politicians are more than happy to agree that debt is a problem - but only when they want to raise taxes. They suddenly forget about debt when they want to enact government-run healthcare and so-called stimulus. That's why I prefer the "Deficits, Debt, and Unfunded Liabilities" video just released by the Center for Freedom and Prosperity. It discusses the debt situation, but also explains that the mess only exists because of excessive spending and warns that higher taxes will merely exacerbate the situation. With that warning, feel free to enjoy this brief production.

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