Please watch the link below….put simply, and without emotion.
This is scary!
If you watch nothing else today….please watch this short illustration lesson. This is a non-partisan video produced by an accountant, Hal Mason, retired after 27 years with IBM. He looks at the budget, its revenues and expenses, and very simply illustrates the problem. Amazingly, we get all the media talking heads blathering and shouting for hours and never get clarity. This guy provides all the clarity you need in just a couple of minutes.
http://www.youtube-nocookie.com/embed/EW5IdwltaAc?rel=0Contributed by J. Towson