National Debt

"The United States has amassed nearly $10 trillion in federal debt and about $50 trillion in unfunded liabilities — all at a time when our nation faces a deepening financial and economic crisis. With health-care costs rapidly rising and 78 million baby boomers about to retire, straining our Social Security and Medicare systems, our country faces severe long-term fiscal challenges, which could lead to steep tax hikes, major cutbacks in federal spending, higher interest rates, inflation and a declining economy — not to mention an unsustainable path for our children and grandchildren. "

This video is part of the Students Face Up to the Nations Finances Contest hosted on FacingUp.org. If you like my video, please vote for it on FacingUp.org between Dec. 1 and Dec. 14, 2008.

Category:

Education

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• Premiere_Elements_4

[Je46and2]

GREAT VIDEO, LOVED IT!!!!! LEGALIZE IT, "Bag it, tag it Sell it to the Butcher in the store"

[Franzakinc]

Nice vid.. people need to be more aware

[HollywoodJeffVarga]

Oh my God. I can't believe the amount of apathy these students have for their own future. Wow.

[MrFatkook]

I can't wrap my mind around those numbers...I'm just trying to make it to my next Paycheck!!!

[carlindelco]

I like how u keep showin Bush in this clip unfortunately the dem congress that took over in 2007 til last dec are the ones who spent 3 trillion and are solely responsible for the economic collapse even after Bush warned us 17 times in 2007. The debt actually did go down under bush, until 2007 of course. u need to do some research. Oh and "safety net" is code for entitlement spending.. money for people who THINK they deserve it. unreal.

[TheCashistrash]

national debt 13trillion and growing. 13000000000000 and this does not include all the unfunded liabilities which is about 109 trillion dollars. Even if we sold everything in this country that is about 72 trillion dollars we are still in the negative by 50 trillion dollars.

[truthadvocate]

The beginning of the video was good. It had charts. It had facts. But the interviews were a complete waste of time. "National debt is the result of the wealthy exploiting the less fortunate??? Is that guy kidding??? I'm sure that's his answer for everything. Either that, or blame Bush. The national debt is the result of the government spending more than it takes in! That's it. It's an old pattern that will continue. While we are responsible the government is not. It's very sad.

[Xx5kristen3xX]

that was spectacular

[AJAllen6294]

this is a great video and is a point well made

[sexyjanser]

Hey!!!!! nice job! so true what some of them said in the video! Keep on keeping on!!

hahehuha!

Janser

[reklaws52]

Great to see you interested. Could be a little more concise- the last two interviews were clearest, I like the ending and the graphics.

[lydiag322]

i enjoyed it very much.. i thought it was educational and creative! bravo!