Mondo Times Money Poll Archive

This poll ran from March 17 to 23, 2008.

Mondo Stars Poll Results

"The United States is addicted to spending more than it takes in." True 1152/95% False 66/5%

Votes: 1218

Scott Bittle and Jean Johnson, from the new book "Where Does the Money Go? Your Guided Tour to the Federal Budget Crisis."

in the Sunday New York Times on March 16, 2008, Harry Hurt III wrote that "Here is the very pressing issue the book addresses: "The United States is seemingly addicted to spending more than it takes in," the authors assert. With a staggering national debt, and expenses that will only grow as more baby boomers retire, they warn, "today's problems will seem like a fender bender compared to the economic train wreck the country will face if we don\'t get the nation's finances under control."

Scott Bittle is the executive editor of the web site Public Agenda Online, and Jean Johnson is the executive vice president and founder of the site.

Bittle and Johnson note that the United States government has amassed a debt that now exceeds $9 trillion, with over $2 trillion owed to foreign banks and other international investors. China alone holds $420 billion, based on figures from the 2006 budget.

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