[IP] AP Poll: only 1/3rd of Americans care about deficit
Begin forwarded message:
From: Paul Saffo <psaffo@xxxxxxxx>
Date: August 27, 2005 9:15:08 PM EDT
To: Dave Farber <dave@xxxxxxxxxx>
Subject: AP Poll: only 1/3rd of Americans care about deficit
The top line is scary enough, but the full article will scare the
wits out of one...
-p
http://www.latimes.com/news/nationworld/wire/ats-
ap_top14aug27,0,5953759.story
Experts Warn Debt May Threaten Economy
By ROBERT TANNER
AP National Writer
1:02 PM PDT, August 27, 2005
You owe $145,000. And the bill is rising every day. That's how much
it would cost every American man, woman and child to pay the tab for
the long-term promises the U.S. government has made to creditors,
retirees, veterans and the poor.
And it's not even taking into account credit card bills, mortgages --
all the debt we've racked up personally. Savings? The average
American puts away barely $1 of every $100 earned.
Our profligate ways at home are mirrored in Washington and in the
global marketplace, where as a society America spends $1.9 billion
more a day on imported clothes and cars and gadgets than the entire
rest of the world spends on its goods and services.
A new Associated Press/Ipsos poll finds that barely a third of
Americans would cut spending to reduce the federal deficit and even
fewer would raise taxes.
(snip)
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