Tuesday, July 22, 2008
The #1 Fiscal Problem for the U.S. Government
I visited the Brookings Foundation, The Heritage Foundation, the Cato Institute, and the American Enterprise Institute last week in Washington DC. All of the economists we spoke to expressed their concern for the impending crisis funding Social Security and Medicare. Economists have been warning of the problem for decades, but little has been done because of a lack of political will by the leadership represented in both parties. Click this link and watch a very important video clip. It is almost one year old, but the message is the same. Since the clip, David Walker has quit his job with the GAO to take this message on the road full time.
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