Added: 20. October 2010
CAGW’S NEW DEBT AD GOES VIRAL
(Washington, D.C.) – Last Thursday, Citizens Against Government Waste (CAGW) unveiled a national ad campaign addressing our country’s spending addiction, the dangers of relentless deficits, and the corrosive nature of our national debt. The ad has received critical acclaim from both the public and press. James Fallows of The Atlantic characterized the ad as, “The Phenomenal ‘Chinese Professor’ Ad,” that “you can imagine people actually remembering a decade from now.” The ad, which depicts a chilling look at one potential future scenario if we continue on our current destructive fiscal trajectory, is a 2010 homage to a 1986 ad that was produced by W.R. Grace & Co. called “The Deficit Trials.” The ordinal ad was a sensation; however, it was considered so alarming that the major networks refused to run it.
CAGW will continue to run the ad on FOX News Channel (FNC), FOX Business News, CNN, CNBC, and CNN Headline News. Within 96 hours of its premier on FNC’s “Your World with Neil Cavuto,” the ad has had more than 350,000 views on YouTube and dozens of media mentions. History Channel, A&E, and ABC viewers will not see the ad because the ad has been rejected by those channels. In an eerie parallel to the 1986 “Deficit Trials” ad, the History Channel said that the content was “too controversial.’
The national debt was $2 trillion in 1986 when “The Deficit Trials” ad was denied air time; today the debt stands at $13.7 trillion, and is projected to reach 140 percent of GDP in two decades, the time in which the new CAGW ad is set.
“Taxpayers have responded viscerally to this ad and it has received critical acclaim among the media because it addresses a significant issue: the national debt and massive deficit spending have real-world consequences,” said CAGW President Tom Schatz. “The fiscal crisis we face is leading many Americans to question whether or not the country can maintain its fiscal independence and self-sufficiency and prosper in the future with such an onerous debt burden hanging over our heads.”
The new ad is part of an ongoing communications program in CAGW’s decades-long fight against wasteful government spending, increased taxes, out-of-control deficit spending, and a crippling national debt that threatens the future and survival of our country. The group plans to run the ad on major cable networks throughout the rest of 2010 and into 2011.
Citizens Against Government Waste is a nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.
October 25, 2010