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 does it in a couple minutes.
Click below to view the video on YouTube or watch below.
http://www.youtube.com/watch?v=EW5IdwltaAc&feature=player_embedded
