Revealing America’s Burden
Many of us reading liberty oriented political blogs know, at least vaguely, about the crushing size of current debt and future unfunded liabilities, but the problem unfortunately, is that most Americans are less aware about the scale and consequences, let alone necessary solutions. The producers of I.O.U.S.A. seem to believe they can play a part in the solution by bringing what politicos and economists have known for years to the public’s attention.
I.O.U.S.A. is a documentary that will be released this month that promoters hope will do for the US Economy what “An Inconvenient Truth” did for global warming. While it will be no Dark Knight, hopefully this film will be this summer’s Dark Horse and have a significant impact on 2008 election and future fiscal policy of America.
With Richard Viguerie making hard to dispute claims of $800+ Billion real budget deficits the film could not be debuting at a better time.
“As for Fiscal Year 2009, the Bush Administration projects a deficit of $482 Billion, but that does not include $36 Billion from the Housing Bill, $80 Billion in war costs, and $227 Billion borrowed from the Social Security Trust Fund. The actual deficit next year will be $825 Billion–$343 Billion more than has been acknowledged.
Here is the trailer -