Ross Perot, "Father of Fiscal Charts," Returns
From a presidential candidate, Ross Perot has just reinvented himself into quite a harrowing prophet of doom.
The Texan billionaire is now engrossed in a website with heavy caveats on a looming economic crisis that parallels the Great Depression --- and he has charts to prove it.
This isn't the first time he's using them --- running as a third-party presidential candidate in the 1996 and 1992 U.S. elections, Ross Perot was often sighted with overly simplistic but ostentatious fiscal charts during his campaign.
Now the statistician-doomsayer is taking them to the Web. His website, PerotCharts.com, sounds the alarm on the U.S. debt, said to be as high as $9.3 trillion, with more than $1 billion added to it every day. Taking into account a burgeoning populace in need of healthcare and social security, the budget deficit, in Perot's eyes, has no way but up.
To state his case, Perot, 78, uses a blog, a video of himself, and true to form, some charts. Perot likewise implores visitors to wheedle lawmakers into taking action. Perot could be hard-pressed though, if he tries to convince current presidentiables, John McCain and Barack Obama, that the budget deficit is a priority in the campaign.
It won't take Perot to size up this nation's debt as a cause for apprehension. Nine trillion is surely way off the charts. However Perot and like-minded people may find it difficult to strike a chord with today's citizenry, currently jaded by exorbitant inflation and meteoric foreclosure rates.
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