Documentary highlights cause and effect of increasing national debt

From WillametteLive.com:

We've been warning of the permanent demographic shift that has been occurring in our country. Our government has made promises regarding Social Security and Medicare that we cannot keep without using up the entire budget. And this was true long before the current housing/banking crisis hit us,” Ryan said.

Over the last 10 years the nation has gone from a surplus of $559 billion to a deficit of well over $10 trillion and the debt is increasing on an average of $3.4 billion dollars a day. Today the debt averages out to around $184,000 for every person in America.

Since its release in January 2008 the national debt has increased another 2 trillion dollars. Construction workers have even had to replace the dollar sign on the national debt clock in Times Square for the “1” in 10 trillion dollars back in September.

"I.O.U.S.A." splits up the financial crisis into four parts; the deficit, personal savings, trade imbalance and poor leadership.