Wednesday, April 14, 2010

Let's talk with Mario about the US debt and VAT!


We spoke with Mario Yngerto, DFW businessman, about the US debt and the VAT trial balloon.

We made reference to a great article & the above graph in the USA Today by Richard Wolff:

"Under Obama's budget plan, the USA's debt in 2020 would be nearly the size of the entire economy then.

Interest costs would be $900 billion, five times today's level."


Click here for the show:


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