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 audio 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 Armed with these interviews, historical references, and damning statistics, the audio book takes a lively and entertaining romp through the four deficits the nation faces: the budget deficit, the personal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 this audio are a must-listen 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.
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"So far this book has opened my eyes further to the many lies that our elected leaders keep feeding us about the economy, debt, inflation, etc. I knew some of this before starting to read, but the examples and what certain people and groups are doing is just astounding." — Mylinda (4 out of 5 stars)
"So far this book has opened my eyes further to the many lies that our elected leaders keep feeding us about the economy, debt, inflation, etc. I knew some of this before starting to read, but the examples and what certain people and groups are doing is just astounding."
“I.O.U.S.A. is a clear, cogent and compelling primer on contemporary American economics and the not-so-small matter of how we ended up at the edge of a precipice.”
“An Inconvenient Truth for the economy.”
“An alternately amusing and alarming primer on America’s off-the-charts fiscal irresponsibility.”
“The next president better take this seriously, or I fear that we’ll be in a much worse situation than a recession.”
" scary, and mostly true, i think. "
" On the rare occasion a movie is better than a book. This, for me, was one of those occasions. The movie was much more terrifying. Both, however, got the message across. "
" In America, we are travelling down an unsustainable economic path. Entitlement programs are mortgaging the wealth of future generations. Interesting read that spells out the course we are on. "
" I didn't learn much from this. The movie may be better. "
" Definitely an eye opening view of how debt will affect us all. The book is intended as a bit of a supplement to the documentary, as the first half is dedicated to the concept, and the second half is interviews with folks about the debt situation. "
" Pretty cool book, has interviews from several very influential economists and influential policy makers....I enjoyed it, and it was a very easy read. "
" The book was alright but the movie was mind-blowing and should be required viewing. "
" Best see the movie...this book seemed to cover the making and essence of the movie and was hard to focus on the point--the U.S. debt is overwhelming. "
" Go to the website and watch a snippet from the movie. Highly recommend the book. "
" I read the book, probably should have seen the movie instead. The interviews are the most interesting part and why I check the book out in the first place "
Addison Wiggin is the executive publisher at Agora Financial, an investment research firm based in Baltimore, Maryland. Agora publishes The Daily Reckoning, a financial newsletter with more than 500,000 readers in the United States, Great Britain, and Australia. It has received praise from mainstream publications, including Money, New York Times Magazine, and MarketWatch.com. Mr. Wiggin is the coauthor of the international bestsellers Financial Reckoning Day and Empire of Debt. He is also the executive producer of the feature-length documentary film I.O.U.S.A., which was nominated for the Grand Jury Prize at the 2008 Sundance Film Festival.
Lloyd James (a.k.a. Sean Pratt) has been narrating since 1996 and has recorded over six hundred audiobooks. He is a seven-time winner of the AudioFile Earphones Award and has twice been a finalist for the prestigious Audie Award. His critically acclaimed performances include Elvis in the Morning by William F. Buckley Jr. and Searching for Bobby Fischer by Fred Waitzkin, among others.
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