Tuesday, March 24, 2009

National Debt, Unfunded Liabilities

I just finished watching Frontline. George W. funds a war - a national crisis - by lowering taxes. (Yet another reason he'll be remembered as the worst U.S. president ever.)

Surpluses turn into deficits turn into massive debt. W. promises subsidized prescription drugs (Medicare D) to seniors. Nice idea. We can't afford this, nor can we, the taxpayers, afford many other promises made by most Western governments.

Be scared of unfunded liabilities. Be scared of national debt: iousathemovie.com.


Laugh at Chimpanzies washing cat.

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