From the makers of the infamous Story of Stuff illustrated video comes a new installment that explains, in really basic terms, the reality behind the rhetoric that the US has no money.
It’s rhetoric, as they point out, that’s being used to justify all sorts of politically motivated cuts to public funds and services–most of which disproportionately impact low-income people who are already suffering under this recession.
These cuts and changes threaten the fabric of our social welfare system, which millions of people rely on to make ends meet and provide for their families. We’re talking about everything from food stamps to public education to medicare. At the state and federal level, it’s all on the chopping block.
The economics behind government spending is complex, and the Story of Broke breaks it down so that most anyone can understand. Check it out.