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"The next president better take this seriously, or I fear that we'll be in a much worse situation than a recession."
—David Walker, former Comptroller General of the United States
The United States has been spending its way deeper and deeper into the red, and saddling future generations with the mess—but who's paying attention?
To answer that question, the companion book to the critically acclaimed documentary I.O.U.S.A. talks with some of the most revered voices in the nation, including Warren Buffett; former Treasury Secretaries Paul O'Neill and Robert Rubin; Pete Peterson, CEO of The Blackstone Group; Congressman Ron Paul (R-Texas); and bestselling Empire of Debt author Bill Bonner.
Armed with these interviews, historical references, and damning statistics, the book takes a lively and entertaining romp through the four deficits the nation faces: the budget deficit, the personal savings deficit, the trade deficit—and what former U.S. Comptroller General David Walker, who resigned abruptly in 2008 over Congress's lack of action, calls the "leadership deficit" in Washington.
Defiantly non-partisan, the empowering solutions outlined in these pages are a must-read for any American who wants to help change "business-as-usual" in Washington as a new administration heads towards the Oval Office. "We the People" can get our politicians to stop spending, promote responsible economic programs, and hand our children and grandchildren the secure future they deserve.
Kate Incontrera is the Managing Editor of The Daily Reckoning. Ms. Incontrera was also an associate producer and writer on the critically acclaimed documentary film I.O.U.S.A. Before joining Agora Financial in 2004, Ms. Incontrera studied writing at the University of Cambridge and Towson University in Baltimore, Maryland.
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Book Description Paperback. Condition: new. Paperback. The United States has been spending its way deeper and deeper into the red, and saddling future generations with the messbut who's paying attention? To answer that question, this companion book to the critically acclaimed documentary I.O.U.S.A. talks with some of the most revered voices in the nation, including Warren Buffett; former Treasury Secretaries Paul O'Neill and Robert Rubin; and Pete Peterson, CEO of The Blackstone Group. Defiantly non-partisan, the empowering solutions outlined in these pages are a must-read for any American concerned about the current state of affairs. I.O.U.S.A. will accompany a new feature-length documentary based on the writings of Agora's The Daily Reckoning. According to filmmaker Patrick Creadon, "America's federal debt is $8. 6 trillion and growing at a frightening rate. In addition, our major entitlement programs (Social Security, Medicare and Medicaid) are dangerously unfunded. " I.O. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780470222775
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Book Description Paperback / softback. Condition: New. New copy - Usually dispatched within 4 working days. I.O.U.S.A. will accompany a new feature-length documentary based on the writings of Agora's The Daily Reckoning. According to filmmaker Patrick Creadon, "America's federal debt is $8. 6 trillion and growing at a frightening rate. In addition, our major entitlement programs (Social Security, Medicare and Medicaid) are dangerously unfunded. Seller Inventory # B9780470222775