Defeat The Debt
Encyclopedia
Defeat The Debt is a project of the Employment Policies Institute
that is focused on the national debt and was launched towards the end of 2009. According to the group's website, "Defeat The Debt is dedicated to educating Americans about the size, scope, and consequences of our rapidly escalating debt."
appeared in major locations in Washington, D.C.
holding signs with the Defeat The Debt logo. The "Uncle Sams" wore disheveled costumes and their cardboard signs contained slogans like "12 trillion $$$ in debt. PLEASE HELP." The campaign publicized information on the consequences of the growing U.S. debt and was featured in The Economist. Later that same month, the "Uncle Sams" appeared in New York City, Boston, and Chicago.
Defeat The Debt has also run newspaper and television advertisements. During the 2009 Super Bowl, a Defeat The Debt television commercial was aired featuring elementary school students reciting a pledge to "American's debt, and to the Chinese government that lends us money. And to the interest, for which we pay, compoundable, with higher taxes and lower pay until the day we die."
The group's website, DefeatTheDebt.com, features a clock that keeps a running tally of the country's national debt.
Employment Policies Institute
The Employment Policies Institute is a fiscally conservative non-profit think tank that conducts research on employment issues like minimum wage and health care...
that is focused on the national debt and was launched towards the end of 2009. According to the group's website, "Defeat The Debt is dedicated to educating Americans about the size, scope, and consequences of our rapidly escalating debt."
Activities
In October, seventeen people dressed as Uncle SamUncle Sam
Uncle Sam is a common national personification of the American government originally used during the War of 1812. He is depicted as a stern elderly man with white hair and a goatee beard...
appeared in major locations in Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
holding signs with the Defeat The Debt logo. The "Uncle Sams" wore disheveled costumes and their cardboard signs contained slogans like "12 trillion $$$ in debt. PLEASE HELP." The campaign publicized information on the consequences of the growing U.S. debt and was featured in The Economist. Later that same month, the "Uncle Sams" appeared in New York City, Boston, and Chicago.
Defeat The Debt has also run newspaper and television advertisements. During the 2009 Super Bowl, a Defeat The Debt television commercial was aired featuring elementary school students reciting a pledge to "American's debt, and to the Chinese government that lends us money. And to the interest, for which we pay, compoundable, with higher taxes and lower pay until the day we die."
The group's website, DefeatTheDebt.com, features a clock that keeps a running tally of the country's national debt.
See also
- United States public debtUnited States public debtThe United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies...
- History of the U.S. public debtHistory of the U.S. public debtAt the end of September 2009, the overall U.S. public debt was approaching twelve trillion dollars and passed that benchmark approximately 3 weeks later. The first yearly reported value was $75,463,476.52 on January 1, 1791. The debt was briefly reduced to zero on January 8, 1835.-Prior fiscal...
- Financial position of the United States
- National debt clockNational Debt ClockThe National Debt Clock is a billboard-sized running total dot-matrix display which constantly updates to show the current United States gross national debt and each American family's share of the debt...