IMDb RATING
7.4/10
1.9K
YOUR RATING
Few are aware that America may be on the brink of a financial meltdown. I.O.U.S.A. explores the country's shocking current fiscal condition and ways to avoid a national economic disaster.Few are aware that America may be on the brink of a financial meltdown. I.O.U.S.A. explores the country's shocking current fiscal condition and ways to avoid a national economic disaster.Few are aware that America may be on the brink of a financial meltdown. I.O.U.S.A. explores the country's shocking current fiscal condition and ways to avoid a national economic disaster.
- Awards
- 6 nominations
Humphrey Bogart
- Self
- (archive footage)
George Bush
- Self
- (archive footage)
George W. Bush
- Self
- (archive footage)
Jimmy Carter
- Self
- (archive footage)
Bill Clinton
- Self
- (archive footage)
Stephen Colbert
- Self
- (archive footage)
Kent Conrad
- Self
- (as Sen. Kent Conrad)
Ander Crenshaw
- Self
- (as Rep. Ander Crenshaw)
Bing Crosby
- Self
- (archive footage)
Dwight D. Eisenhower
- Self
- (archive footage)
Gerald Ford
- Self
- (archive footage)
Judd Gregg
- Self
- (as Sen. Judd Gregg)
Storyline
Did you know
- SoundtracksBorn to Be Wild
Words and Music by Mars Bonfire
© Songs of Universal, Inc. on behalf of Universal Music Publishing, A.D.O.
Universal Music Canada, Ltd. (BMI)
Performed by The Twang
Courtesy of xxs records
Featured review
Credit not going to the right person
The subject of estimated unfunded liabilities of the Federal Government did not originally come from David M. Walker, the former head of the GAO. Dr. Lawrence J. Kotlikoff and Scott Burns wrote a book on this subject much earlier (Lawrence J. Kotlikoff and Scott Burns, "The Coming Generational Storm, What You Need to Know about America's Economic Future," MIT Press, Cambridge, MA, 2004).
In this book, Dr. Kotlikoff also states that in 2002 Paul O'Neill, George W. Bush's first Secretary of the Treasury, had asked Dr. Kent Smetters to use generational accounting to estimate the unfunded liabilities of the U.S. Government in the future, which was then done with a Dr. Gokhale. The report had been included the 2004 Budget. However, when the White House (i.e. Bush, Cheney, and their cohorts) found out about this, they removed the study from the 2004 Budge and fired Sec. O'Neill.
The publicity that David M. Walker has been getting for himself by talking about this very serious problem has helped bring it to the light of the TV talking heads and the makers of this movie, but Drs. Kotlikoff, Smetters, Gokhale, and others are not getting the credit that they deserve, which I consider a serious injustice. If this were being conducted in peer reviewed journals, it might be considered to be on the verge of professional misconduct.
If I were an adviser for Barak Obama (which I am not) or John McCain (which I am not), I would recommend Drs. Kotlikoff and O'Neill to be senior Economic Advisors to the President and/or Secretary of Treasury or both. Everyone that wants to know more should read Kotlikoff's book or its most recent update (if there is one)
In this book, Dr. Kotlikoff also states that in 2002 Paul O'Neill, George W. Bush's first Secretary of the Treasury, had asked Dr. Kent Smetters to use generational accounting to estimate the unfunded liabilities of the U.S. Government in the future, which was then done with a Dr. Gokhale. The report had been included the 2004 Budget. However, when the White House (i.e. Bush, Cheney, and their cohorts) found out about this, they removed the study from the 2004 Budge and fired Sec. O'Neill.
The publicity that David M. Walker has been getting for himself by talking about this very serious problem has helped bring it to the light of the TV talking heads and the makers of this movie, but Drs. Kotlikoff, Smetters, Gokhale, and others are not getting the credit that they deserve, which I consider a serious injustice. If this were being conducted in peer reviewed journals, it might be considered to be on the verge of professional misconduct.
If I were an adviser for Barak Obama (which I am not) or John McCain (which I am not), I would recommend Drs. Kotlikoff and O'Neill to be senior Economic Advisors to the President and/or Secretary of Treasury or both. Everyone that wants to know more should read Kotlikoff's book or its most recent update (if there is one)
helpful•78
- Flash-349846
- Aug 24, 2008
Details
- Release date
- Country of origin
- Official site
- Languages
- Also known as
- Untitled Patrick Creadon and Christine O'Malley/Debt Project
- Production companies
- See more company credits at IMDbPro
Box office
- Gross US & Canada
- $821,046
- Opening weekend US & Canada
- $61,313
- Aug 24, 2008
- Gross worldwide
- $826,799
- Runtime1 hour 25 minutes
- Color
- Sound mix
- Aspect ratio
- 1.85 : 1
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