This 60 Minutes video is one of the scariest 7 minutes you might spend this week. It highlights many of the problems addressed in the new I.O.U.S.A. documentary. According to the official movie website:
I.O.U.S.A. 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.In this election year we need to be thinking about a different form of terrorism.. the financial kind that we inflict on ourselves.. and we need to be thinking about leaders that will take issues like social security and health care for seniors seriously.. I hope the candidates watch I.O.U.S.A. and take it seriously.
Bob, I'm sick to my stomach. I can't stand the head in the sand mentality everyone takes. You know, the Soviet Union collapsed because they became financially insolvent. It will be the same for us. No politician has the will to cut spending, and as much as the media wants to cover this impending doom, they will likely skewer and politician that advocates cutting medical benefits.
ReplyDeleteI agree Scott.. it is nauseating.
ReplyDelete