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Tuesday, April 24, 2012

 9:34 AM 

New Hovde radio ad focuses on national debt

A new radio ad from Eric Hovde warns that the national debt will destroy the American way of life unless we "do something right now."

The 60-second spot, entitled "Consequences," says the $15.6 trillion dollar debt will do one of two things if unaddressed: cause America to default, dragging the global economy into depression, or allow the federal reserve to print more money, leading to inflation that would "squeeze every American and destroy our quality of life."

"In either case, the things we value -- education, social security, medicare, and even having a job -- will be damaged beyond repair," Hovde says. "In order to avoid a collapse of our economic system, we have to change course right now. It's time to be honest with Americans, before it's too late."

 -- By Jason Smathers


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