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Perot launches Web site about government spending
posted 2:23 pm Mon June 16, 2008 - DALLAS
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Billionaire former presidential candidate Ross Perot has started a Web site to highlight what he calls the "economic crisis" facing the country because of deficit spending.
The Web site announced Monday is PerotCharts.com, a play on Perot's use of economic charts in political advertisements during his 1992 and 1996 presidential campaigns. In a statement Monday, Perot said the nation's debt reached $9.4 trillion in April and is rising more than $1 billion a day.
"We are leaving our children and grandchildren with debt they cannot possibly pay," he said. "The economic crisis facing America today is far greater than anything since the Great Depression."
The Web site, which Perot said is nonpartisan, includes a video of Perot, a blog and a chart presentation explaining the nation's economic problems.
Perot, 77, founded Electronic Data Systems Corp. and later Perot Systems Corp. both of which provide technology services to other companies and government agencies. Last year, Forbes magazine estimated his personal wealth at $4.4 billion.
"We are leaving our children and grandchildren with debt they cannot possibly pay," he said. "The economic crisis facing America today is far greater than anything since the Great Depression."
The Web site, which Perot said is nonpartisan, includes a video of Perot, a blog and a chart presentation explaining the nation's economic problems.Perot, 77, founded Electronic Data Systems Corp. and later Perot Systems Corp. both of which provide technology services to other companies and government agencies. Last year, Forbes magazine estimated his personal wealth at $4.4 billion.
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