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Stop the Rhetoric, It's Time to Act

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Uploaded by on Jan 20, 2012

To learn more, visit http://www.bankruptingamerica.org
For years, government spending and the mounting U.S. debt have been central to several State of the Union addresses, but unfortunately, these words have not translated into action.

Our latest video takes a look back at what our president's have had to say about our spending and deficit problems and calls for action on our fiscal issues.

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  • No one but Paul has a plan to balance the budget in 3 years.

    No One But Paul Moneybomb 2/14... Let's make this a big one.

  • Debt is the cumulative total. Deficit is what's added to the debt on a yearly basis. According to the NYT on the Clinton record, “Despite two years of on-budget surpluses, deficit spending in other years added to the debt.” The cumulative total of Clinton's eight years: 1.4 trillion in the red--this is what was added to the national debt. It should be noted this was the BEST record of any President since Reagan, though.

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  • srry 97% literacy rate to 69% literacy rate.

  • Psychiatry is completely unnecesary and has brought american literacy down from 97% graduating from schools to 67% over the last 4 decades in which they have been given billions to increase literacy. Atm they get 23 billion a year

  • @Fairfis Because raising taxes will continue the government's habit to spend, spend, and spend. Income tax currently accounts for a little less than 50% of government revenue. That percentage has increased over past decades, and yet our debt has increased at an even faster rate. That's why cutting spending is the solution -- not raising taxes. Cutting spending will force the federal government to cut unecessary programs/agencies, which we have plenty of.

  • Why cut spending? Why not raise the taxes to the pre-Bush-levels? Or even better, to the Eisenhower-Levels? A very onesided propaganda-clip.

  • Lets build some Moon colonies!

  • Freeze domestic spending yet waste money bombing people overseas? sounds like an awesome idea

  • There was a surplus yes. But instead of putting it toward the debt toward the federal reserve, it went toward social programs.

  • I agree what the video states, that our leaders infact could'nt stop the increase, that bacially just start rhetorics, speeches and don't even stop it, but make it bigger. Quick question though and off-topic since the song of this video plays a theme, whats the name of it?

  • Awesome ad

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