I.O.U.S.A. - Trailer
August 8, 2008
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I.O.U.S.A. - Trailer I.O.U.S.A. boldly examines the apace ontogeny domestic debt and its consequences for the United States and its citizens. Burdened with an ever-expanding polity and military, accumulated planetary competition, overextended entitlement programs, and debts to external countries that are decent impracticable to honor, USA staleness ameliorate its prodigal structure or grappling an scheme hardship of poem proportions. Throughout history, the dweller polity has institute it nearly impracticable to pay exclusive what has been upraised finished taxes. Wielding frank interviews with both cipher dweller taxpayers and polity officials, Sundance stager Apostle Creadon (Wordplay) helps demystify the nation’s business practices and policies. The flick follows past U.S. Comptroller General king Walker as he crisscrosses the land explaining America’s unsustainable business policies to its citizens. With preoperative precision, Creadon interweaves archival footage and scheme accumulation to makeup a pure and dismaying strikingness of America’s underway scheme situation. The eventual noesis of I.O.U.S.A. is that the flick moves beyond doomsday bunk to give possibleness business scenarios and declare solutions most how we crapper create a fiscally good commonwealth for forthcoming generations. Creadon uses frank interviews and his featured subjects allow Warren Buffett, Alan Greenspan, Apostle O’Neill, parliamentarian Rubin, and Apostle Volcker, along with the saint G. Peterson Foundation’s possess king Walker and Bob Bixby of the Concord Coalition, a Foundation grantee. Pointedly topical and consummately nonpartisan, I.O.U.S.A. drives bag the communication that the exclusive instance for America’s business forthcoming is now. Directed by: Apostle Creadon Starring: |
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This movie is really good at scaring you. Some of the projections are absolutely bone-chilling. But it largely overstates the problem — the deficit is currently at a manageable level of 3% of GDP. And we need to run a deficit in this economic downturn to ensure we don’t have skyrocketing rates of unemployment. The flim also ignores one of the best solutions to the “problem” — health care reform. If our health care system were as efficient as other industrialized nations, and if Medicare/Medicaid were able to take advantage of these lower costs, then our deficit problem would basically disappear. Check out the Center for Economic and Policy Research, they have a nice graphic that demonstrates this well: http://www.cepr.net/calculators/iousadeficit/calc_iousa_deficit.html