DALLAS, TEXAS - JUNE 16, 2008 /PRNewswire/Ross Perot, business leader and former presidential candidate, announced today the launch of PerotCharts.com, a public information website that contains objective, factual information about the current economic crisis in America. The site is being launched as an alert and appeal for American citizens to inform themselves about federal government spending. Perot said, The U.S. national debt reached $9.4 TRILLION on April 30, and it is increasing by more than $1 billion every day. We are leaving our children and grandchildren with debt they cannot possibly pay. PerotCharts.com consists of three major components: a video featuring Ross Perot discussing the purpose of the website, a blog where new charts and other information are posted daily for study and comment, and a narrated chart presentation explaining the economic problems our country faces.
The website is not affiliated with any political party or candidate. Most of the data and research for the charts is gathered from official government sources.
The economic crisis facing America today is far greater than anything since the Great Depression, said Perot. Our federal government continues to spend us deeper into debt. The American people must get directly involved and demand an end to deficit spending. This website will provide information for citizens to do just that.
Like the economic charts Perot employed in his 1992 and 1996 presidential campaigns, which served as snapshots of complex economic issues presented in simple terms, PerotCharts.com features the latest official government figures about the real conditions of our economy for everyone to see and consider. The site is designed to be a reservoir of information about the economy, and provides an accurate look at where the money comes from and where it goes.
David Walker, former U.S. Comptroller General and current president and CEO of the Peter G. Peterson Foundation said, Ross Perot is the father of fiscal charts, and PerotCharts.com will help Americans understand the serious fiscal challenges facing our nation. These updated economic charts will also serve to hold elected officials accountable while accelerating needed actions to help ensure that our collective future will be better than our past. What we need now is leadership from our elected officials.
Newt Gingrich, former Speaker of the U.S. House of Representatives said, Ross Perot is exactly right to echo Winston Churchills famous cry for action this day to rally the nation to reform our entitlement programs, end deficit spending, and balance the federal budget. PerotCharts.com contains information every citizen needs to know so we can demand real change to get the nation on the right track.
David L. Boren, former U.S. Senator and governor of Oklahoma and current president of the University of Oklahoma said, The facts speak for themselves in Ross Perots powerful website for all Americans. Runaway spending and a rising national debt will destroy Americas future as a great nation. As more of our debt is held by those in other countries, our political independence is put at risk by our economic dependency. We must act now!
We simply cannot wait any longer to do something about runaway deficit spending, Perot said. This website addresses a number of issues, and we will add more in the coming weeks and months. But there is a common thread running through all of them. We cannot solve these problems unless we have the ability to pay for the solutions. Getting spending under control is the first step in that process.
For more information, visit PerotCharts.com.