CAGW, AFP team up for Defeat the Debt campaign
During the 2010 mid-term election, Citizens Against Government Waste (CAGW) ran what was called the “ad of the cycle,” as it focused on the debt issues facing the United States in a very sobering, powerful way.
Set in 2030, the ad featured a Chinese-speaking professor explaining to his students that the United States had tried stimulus spending and got into so much debt that “now they work for us.”
With spending and crippling entitlements posing a real threat to the long-term prosperity of the country and the national debt considered to be a national security issue to military leaders, the ad struck a chord with many voters as they headed to the polls two years ago.
It appears that we haven’t seen the last of this memorable ad. According to a release yesterday, CAGW has teamed up with the Americans for Prosperity Foundation for the “Defeat the Debt” campaign, running the ad on networks across the country through the end of the presidential election cycle:
“This ad is part of an ongoing communications program in CAGW’s decades-long fight against wasteful government spending, increased taxes, out-of-control deficit spending, and a crippling national debt,” said CAGW President Tom Schatz. “Unfortunately, fiscal year 2012 ended with a fourth consecutive $1 trillion-plus deficit. With the ‘fiscal cliff’ looming due to congressional infighting and dithering, it is becoming clear that no serious plan is on the table to cut spending and reduce the deficit without crippling the economy. As a result, we decided to partner with AFP Foundation, an organization with an exemplary commitment to promoting limited government and economic growth, to enhance our efforts to educate taxpayers about what will surely be remembered as the most pressing matter of our time.”
“The prosperity of our nation is in jeopardy,” added AFP Foundation President Tim Phillips. “Credit rating agencies have downgraded the federal government’s credit rating; 10 ex-chairs of the President’s Council of Economic Advisers have described the debt as ‘a severe threat that calls for serious and prompt attention;’ and former Chairman of the Joint Chiefs of Staff Mike Mullen referred to the national debt as the ‘single-biggest threat to our national security.’ AFP Foundation has long run ads such as this to educate the public on how excessive government spending and the resulting debt is impairing our nation’s future.”
In case you haven’t already seen it, you can check out the ad below: