New Ad Campaign Says You Owe the Government $483,000

April 9, 2009 RSS Feed Print
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By Paul Bedard, Washington Whispers

Paying taxes isn't fun, but what more can you do but laugh when considering your household's piece of the national debt: $483,000? To help that chuckle along, the Peter G. Peterson Foundation today is unveiling some Web spots featuring the comic team Stone and Stone in roles as accountants Owen & Payne. Their punch line after detailing the $483,000 bill: "You'll be owing, and you'll be paying." Whispers was given the exclusive early look at the videos here.

Dave Walker, Peterson president, says, "Owen & Payne was created to help alert Americans in a light-hearted way to a critical problem: the $56.4 trillion federal financial burden that young people and future generations are inheriting." The bottom line, he says, is that "every American household bears a $483,000 burden, or $184,000 per person, on top of his or her actual taxes."

The Peterson Foundation, a group dedicated to highlighting the woes of the national debt, has come up with other innovative ways, like teaming with MTV's college network mtvU in the InDebtEd awareness campaign.

As for Stone and Stone, they are brothers Todd Stone and Adam Stone, who've performed at many comic clubs and appeared on NBC's Last Comic Standing.

Check out more Washington Whispers.

Corrected on 4/13/09: An earlier version of this post incorrectly stated the amount of federal financial burden. The Peterson Foundation's campaign is spotlighting the $56.4 trillion burden.

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This is OUR government accounting team. Sad but this figure IS probably accurate with interest (to China, Saudi Arabia,etc).

Even more sad is that some American's don't realize we're passing the DEBT of our mistakes to OUR future generations.

IT MUST BE STOPPED ! The rampant spending in Washington is not "fixing" anything in it's current direction.

All of OUR resources should be spent to prevent the 2nd wave of FORECLOSURES that IS coming. It would attack the problem at it's root. Both Parties are to blame. The Dems for "insisting" on free lending AND the Repubs for NOT stopping it.

Join your local teaparties to INSIST that BOTH parties...

"Get IT Right"

Chris Petty of GA 8:55PM April 10, 2009

It's nice to know that while I've worked hard to get myself out of debt the government has done no such thing.

Lizzie of TN 6:02PM April 09, 2009

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