$55,000,000,000,000+ U.S. Debt???

If there is one thing I would encourage my blog visitors to read is this one post and take the time to watch the linked video.

I came across a video that does a very good job explaining the incredible debt situation we have in our country. In essence, our country is in a $53 Trillion financial hole due to our current deficit and unfunded mandates (Social Security, Medicare, Medicaid, etc.). (Now with the bailout and stimulus packages it’s more on the order of $55 Trillion.) I found the video to tell a very compelling story about the critical situation we are in. The video is about 30 minutes long, but I would encourage you to take the time to watch it.

Here’s the link or here’s the YouTube link

One response

  1. Great video. I’ve watched it twice now (even got Jill to watch). Pretty scary stuff.

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