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I.O.U.S.A.: One Nation. Under Stress. In Debt.
IOUSA One Nation Under Stress In Debt Author:Addison Wiggin, Kate Incontrera 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 Tre... more »asury 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Armed with these interviews, historical references, and damning statistics, the book takes a lively and entertaining romp through the four deficits the nation faces: the budget deficit, the personal savings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.« less
Peter J. reviewed I.O.U.S.A.: One Nation. Under Stress. In Debt. on
Helpful Score: 1
I read "Financial reckoning day: Surviving the soft depression of the 21st century" and I found it very insightful. It was my introduction to Addison Wiggin and I was particularly drawn to his writing style as well as his interpretations of modern economic policy decisions, etc. - which I agree with about 90% of.
That said I ordered this and found it to be a repetitive, cursory retread of information that was either in the first book or already avail. from other sources. Anyone who cares is already well aware that, as a nation and regardless of political party, we are printing money with reckless abandon and spending our children into serfdom
In any event, it's a quick read - you can skim it in an hour and not miss anything.