IOUSA

Donald Pay, in his comments on my previous post, challenges the notion that entitlements are largely to blame for our debt situation.  He thinks Bush-era tax cuts are more to blame.  I am going to post the 30 minute version of IOUSA.  Think it is worth the time of everyone.  You'll note that this film uses largely 2007 numbers.  The numbers are far, far worse today, just four years later.  Watch this and ask who is more right, Donald Pay or David Walker, the former comptroller of the United States and the mind behind IOUSA. You can also see an updated version called IOUSA Solutions. Note this film has various parts that go beyond the eight minute intro. 

Update: I forgot to open comments.  Now corrected.

 

Comments

[Stan Gibilisco]

Ach!
The blame game tires me, exasperates me, infuriates me.
I'm sick of it.
Solutions, please.

[Stan Gibilisco]

My previous comment applies to the post, not necessarily the video. I did not watch the video. For security reasons I do not allow videos onto my computer. Where can I find a transcript of the video?

[Stan Gibilisco]

Found a "rush transcript" here ...

http://transcripts.cnn.com/TRANSCRIPTS/1004/10/se.01.html

[Jon S.]

Stan, the transcript you have is of a CNN show based on the film. It looks like (I quick scanned) the transcript includes large amounts from the second film, IOUSA Solutions. You can get IOUSA on Netflix, assuming you subscribe.