Comments on: I.O.U.S.A

By: Bill

Bill — Mon, 24 Nov 2008 18:19:08 +0000

I.O.U.S.A. is now is also available on Lycos Cinema, here: http://cinema.lycos.com/movies/iousa
Lycos Cinema is a social video site that allows viewers to watch and chat with other viewers in real-time, so this is not only a chance to see this important movie, but also to discuss it live with other interested citizens. Check it out.

By: Matt Sherman

Matt Sherman — Thu, 13 Nov 2008 20:24:49 +0000

This movie is really good at scaring you. Some of the projections are absolutely bone-chilling. But it largely overstates the problem — the deficit is currently at a manageable level of 3% of GDP. And we need to run a deficit in this economic downturn to ensure we don’t have skyrocketing rates of unemployment. The flim also ignores one of the best solutions to the “problem” — health care reform. If our health care system were as efficient as other industrialized nations, and if Medicare/Medicaid were able to take advantage of these lower costs, then our deficit problem would basically disappear. Check out the Center for Economic and Policy Research, they have a nice graphic that demonstrates this well: http://www.cepr.net/calculators/iousadeficit/calc_iousa_deficit.html

By: admin

admin — Sun, 09 Nov 2008 10:54:26 +0000

I think its more likely that history repeats itself i.e. what goes up goes down, rather than creation of a new method of making things go up forever.

By: Paul

Paul — Wed, 05 Nov 2008 19:43:09 +0000

David,

I think you should consider a third option, that America may be capable of inventing and dominating a new model.

The last eight years served one great purpose by teaching about a third of the country to consider the relationship between their goals, their needs, their government and their vote. If education includes the liberal arts and science, corporate power is subordinated and the church is entirely separated from state, then true democracy captures the emergent property of collective wisdom.

Americans may not have vision, but they know it when they see it.

By: Christian

Christian — Wed, 05 Nov 2008 12:17:46 +0000

The film’s call for fiscal responsibility is somewhat undermined by the fact that it was made by a foundation set up by The “Hon.” Peter G. Peterson, ex-Chairman and CEO of… Lehman Bros! Can someone tell me what it was that “Pete” produced to generate his own stupendous fortune? Oh wait…