web analytics

Daily Archives: August 23, 2008

Fiscal Wake Up Call

August 23, 2008
By

On Thursday night, I saw the movie, “I.O.U.S.A.,” which focuses on the national deficit. It has been hailed as “An Inconvenient Truth,” without a celebrity-type lead like Al Gore, but I found it equally interesting. While it’s not a “sexy” topic (as one man in the film kept reminding everyone), unlike global warming, it’s something we can all agree on: Our nation is in debt up to its ears and way past that. The film explains how we got into so much debt by dividing the problem up into four categories: budget deficits, savings deficits, trade deficits and leadership...

Read more »