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Label: audible.com Manufacturer: audible.com Publisher: audible.com Studio: audible.com Editorial Review: Product Description: 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 Armed with these interviews, historical references, and damning statistics, the book takes a lively and entertaining romp through the four deficits the nation faces: the budget deficit, the personal savings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. Average Rating:
 Rating:  - Marketing gimmick - insipidThis book is padded out junk. It's a sell out - insipid and unimaginative. Rating:  - Misses the point.This film does a very good job at scaring people. Some of the figures and projections are bonechilling. However, it largely overstates the problem. We've handled deficits before. We ran an enormous deficit during the WW-II era (over 100% of GDP), so the current deficit (around 3% of GDP) is not a "fiscal cancer" as the IOUSA team would have you believe. More importantly though, the film missed an opportunity to offer a real solution to the deficit problem -- health care. If our country's ... Read More Rating:  - It's About Your Children's FutureIf you're concerned about your children's future and you want to understand how America's debt problem will affect their ability to live in a world of opportunity and prosperity, you must read I.O.U.S.A. immediately. Inside you will travel a straight forward and very readable journey through the four major deficits that are poised to bankrupt the United States and cripple your children's future. If you've ever been unclear on how the annual deficit relates to the federal debt, or how the personal savings ... Read More Rating: - Numbers Do Not LieThis public awareness is needed, but is it too late? This review is primarily about the book, not the film. But the "IOUSA" film was produced and blended with this book written by Addison Wiggin, and the overlapping information about both the book and the film is relevant to IOUSA's basic message. With IOUSA, the information regarding the coming calamity is finally being presented to the general public on a large scale. This is no longer an esoteric issue. Very few Americans were aware ... Read More Rating:  - Timely and PrescientThis is a must read for anyone who is vaguely interested in the near term direction our economy and country is taking. The message is clear, interesting and easy to understand. The writing style is simple and entertaining and is a good way to reach people who have little desire to understand the big picture issues of the country. I have two issues with the book. 1)Even though the book was written a few months ago, current events have over taken it. i.e. the debt is well over $10,000,000,000,000. and 2) ... Read More |
