[IP] AP Poll: only 1/3rd of Americans care about deficit

[David Farber <dave@farber.net>]

Begin forwarded message:

From: Paul Saffo <psaffo@iftf.org>
Date: August 27, 2005 9:15:08 PM EDT
To: Dave Farber <dave@farber.net>
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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