IOUSA MOVIE NOTES

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Wikipedia articles needing factual verification from November Webarchive template wayback links Webarchive template archiveis links. Franklin Delano Roosevelt , Dwight D. Makes me happy with some of my choices and a little regretful of others. Finally, the leadership deficit seems to be the worst problem of all. Peterson Foundation that focuses on the national debt of the United States. Every time the government runs a deficit — which it has every year since , except for a few years during the s — it borrows money to cover the difference between what it has earned and what it has spent. In an August review focused mostly on the film’s subject matter, Roger Ebert began with the following: Retrieved from ” https:

And in the new global economy, the United States has the highest trade deficit in the world, reliant on other countries, especially China which holds more than half of the United States’ treasury bonds. For example, Bixby was interviewed by a local news station at a Financial Wakeup Tour, but that story did not make the news at all. Languages Polski Edit links. Now, in the 21st Century, the habit-forming cycle of deficit and debt has taken off once again at alarming speed, with more than one-third of the current national debt having been accrued in the last 7 years. Nobody can agree on what should take priority, and what should or should not be cut. Hearing the numbers of the U.

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But is it really possible to run the U. In an August review focused mostly on the film’s subject matter, Roger Ebert began with the following: Note there was very little debate and change in policy about the need for massive stimulus packages even as there was a transition between two significantly ideologically different noets administrations.

The situation will only get worse over time with known future spending such as payment of social security to the baby boom generation. The film was broadcast on CNN on January 10, Peterson Foundationa position from which he could more freely draw attention to the serious issues the U. After The Crash Within weeks of your review and the comments here, the US economy went completely off the rails, taking with it most of the world’s developed economies.

There is also a history of non saving, both by the government and by individuals which leads to lack of investment moneys. Retrieved from ” https: Every time the government runs a deficit — which it has every year sinceexcept for a few years during the s — it borrows money to cover the difference between what it has earned and what it has spent. Ioua the same eye for snazzy visual aids and casual human jovie that informed his delightful crossword-puzzle docu Wordplayhelmer Patrick Creadon tackles a markedly grimmer story in I.

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I.O.U.S.A. — The Movie | Concord Coalition

A lot mobie the stimulus money that is being spent will generate money put back into the economy and toward the debt it incurs. I think it’s high time I. Savers of course see their dollars erode in value. I know many readers, to their praise, have fought hard to get out of debt, as I have. Now, in the 21st Century, the habit-forming cycle of deficit and debt has taken off once again at alarming speed, with more than one-third of iouza current national debt having been accrued in the last 7 years.

I.O.U.S.A. the Movie – A Review One Year Later

A law that forces a balanced budget curtails the government’s ability to deficit spend in times like now when it absolutely must be done. Hopefully it is a good one. The Government Accountability Office has called the nation’s current financial situation unsustainable because now, as some 77 million baby boomers sit on the edge of retirement, the nation is in danger of being unable to meets its promises of social services for the future.

The film follows Bixby and Walker who describe systematically omvie serious deficits shaping the U. It is interesting reading the comments – I think they reflect one of the many, many reasons that the US government can’t get spending under control: But when it comes to federal government budgets, there are larger macroeconomic forces at play that complicate this topic more than personal financing.

Wikipedia articles needing factual verification from November Webarchive template wayback links Webarchive template archiveis links. Archived from the original PDF on For example, Bixby was interviewed by a local news station at a Financial Wakeup Tour, but that story did not make the news at all.

Generation Y, Not Generation Debt. This is party time for debtors and bad news for savers. Comptroller General David Walker as he crisscrosses the country explaining America’s unsustainable fiscal policies to its citizens. Jotes higher interest rates and rampant inflation are in our future.

I.O.U.S.A. the Movie – A Review One Year Later

nites The only way that the US will stop living on a deficit at the federal level is if Congress passes a law saying they must have a balanced budget like each individual state does. And in the new global economy, the United States has the highest trade deficit in the world, reliant on other countries, especially China which holds more than oousa of the United States’ treasury bonds.

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However, historic deficit spending now that we’re in what is one of the worst if not the worst recession since the Great Depression is absolutely the right thing to do.

English-language films American moie films American films Documentary films about economics Documentary films about American politics American independent films s documentary films films Films about financial crises United Kousa federal budgets National debt of the United States Films directed by Patrick Creadon Roadside Attractions films. The government could be forced noes drastically reduce funding for such vital services as education, infrastructure, and the military.

It begins to impact the nation’s standard of living, our economic strengths and potentially even our national security. Franklin Delano RooseveltDwight D. The great thing about US debt, is that we don’t have to pay it back!

I’ve been trying to tell people to protect themselves for the last few years but you know how unsolicited advice falls on deaf ears. Nohes Foundation that focuses on the national debt of the United States. They didn’t ask to go to a foreign country and put their lives on the line, and to leave them hanging out to dry by drastically cutting their spending would be a death sentence. Really made me understand how bad the America economy was. A grabs you with figures but holds you with irreverent wit.

Despite vows from both major political parties to cut debt and re-think the nation’s biggest expenditures, the political will to go beyond arguments and promises to decisive action and leadership has largely been lacking. Home Theaters Video TV.

USA got another viewing. Comptroller-Generalas they travel around the United States on a tour to let communities know of the potential dangers of the national debt. For those who are interested, here is a fairly recent interview with David Walker: But if they do, they’ll find it accomplishes an amazing thing. This is the state in which the U. Keep in mind that deficit spending must occur during recessions and depressions unless we want the recessions and depressions to be more severe and protracted.

Most politicians get elected on platforms of tax cuts and public spending, and that just pushes the deficits higher and higher. Bush, but politicians of both parties, who know if they vote against tax cuts, they will be lambasted by their opponents and could lose their jobs.