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View Full Version : Newsweek: U.S. Faces Fiscal `Tsunami`




rp4prez
11-14-2007, 07:55 PM
Pretty good candid interview. :) Interested to know what you all think!

http://www.newsweek.com/id/70378


David Walker can sound like a modern-day prophet of doom, warning about the gross irresponsibility of his countrymen and the disaster that awaits them if nothing is done. Put a scraggly beard on him, replace the neatly pressed suit with a tattered frock, and you could drop a coin in his cup and walk on by. But Walker is frighteningly sane. A former partner at Arthur Anderson LLP, he has been the comptroller general of the United States and head of the Government Accountability Office since he was appointed to a 15-year term in 1998. The GAO is a nonpartisan agency that investigates, on behalf of Congress, how the government is performing. It then issues thoroughly researched and often critical reviews. If the federal government is not spending taxpayers' money effectively, it's Walker's job to holler. He's hollering now--mainly about a severe fiscal crisis that will strike the United States as baby boomers reach retirement age. His fears are supported by economists from the left-leaning Brookings Institution and the conservative Heritage Foundation. NEWSWEEK's Jeffrey Bartholet spoke to Walker at his office in downtown Washington. Excerpts:

I specifically agree with this. :D


We have a failure of leadership in America, and it is a bipartisan problem.

Lord Xar
11-14-2007, 08:50 PM
all this doesn't matter to the common american unless a solution can be tied in with Ron Paul.