Posted by
Larry Erickson on Friday, January 08, 2010 7:22:26 AM
I feel every American voter and taxpayer should view the 30 minute film clip titled "I.O.U.S.A" created by the Peter Peterson Foundation and its CEO David Walker. The film clip can be accessed at www.iousathemovie.com for viewing. The film will be educational and embraces the fiscal reality of our nation's debt and the negative financial impact that will be placed on all Americans.
The fiscal information in the film is before the advent of TARP and Stimulus legislation that added to our nation's debt, and before the advent of Health Care Reform legislation that President Obama and those in congress are supporting to be enacted into law.
President Obama recently requested that our nation's debt ceiling be raised from $12 trillion to $14 trillion. In the not to distant future it will be ourselves and future generations of our families that must take on an overwhelming tax burden to support our nation's growing debt and other government programs that most assuredly will lower all Americans standard of living.
Please join me in bringing public awareness to the "I.O.U.S.A" film clip. The fiscal governing philosophy must change in those who politically represent us. We must vote for politicians who have a willingness and dedication in promoting and setting forth legislation to be enacted into law that begins the fiscal process in reducing our nation's debt, not adding to it.