I.O.U.S.A.

I.O.U.S.A.

2008 ""
I.O.U.S.A.
I.O.U.S.A.

I.O.U.S.A.

7.5 | 1h25m | en | Documentary

With the country's debt growing out of control, Americans by and large are unaware of the looming financial crisis. This documentary examines several of the ways America can get its economy back on the right track. In addition to looking at the federal deficit and trade deficit, the film also closely explores the challenges of funding national entitlement programs such as Social Security, Medicare and Medicaid.

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7.5 | 1h25m | en | Documentary | More Info
Released: January. 19,2008 | Released Producted By: , Country: Budget: 0 Revenue: 0 Official Website:
Synopsis

With the country's debt growing out of control, Americans by and large are unaware of the looming financial crisis. This documentary examines several of the ways America can get its economy back on the right track. In addition to looking at the federal deficit and trade deficit, the film also closely explores the challenges of funding national entitlement programs such as Social Security, Medicare and Medicaid.

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Cast

Warren Buffett , Alan Greenspan

Director

Patrick Creadon

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Reviews

pazu7 In the blurb for this film they describe it as discussing the problems and solutions. I saw very accurate portrayal of the problems we face, but must have missed the talk of solutions. I would agree that this film is important and non-partisan. However, I did notice some elements missing in their equation for disaster, and what I interpret a subtle bias towards privatization. While they are critical of Americans for spending beyond their means, there is really no mention of the outsourcing of labor and the effect of falling wages as our economy becomes Walmartized. Nor was there any mention of the insane cost of private health care and the effect that has on average families. How can one criticize Americans for not saving without covering ALL the economic factors at play?I also feel the film is rather flippant with the effect of corporate tax cuts on the overall economy and, while they factored in Iraq, they did not include the peripheral cost of the war. Due to these omissions and what I see as a bias towards privatization, I only gave it a 7.So while I believe this is an crucial discussion and informative film, I think there is something missing. And why they would choose to feature Greenspan is beyond me.
ZMAN738 This is the truth of the matter. We, as Americans, are living far beyond our means. Don't blame Me, You or Curly Sue but we are in a "Black Hole". Our 9 TRILLION National Debt will kill the U.S. economy in just a few short years if we do not, now, as a Nation, start to take preventive action to avoid the meltdown. Social Security and Medi-care will suck up huge resources from the Federal budget, as the film suggests. Our Chinese Masters may soon call "All In" as they say in poker. Should we call the bluff and re-allocate monetary resources away from "Intitlements," which suck up large amounts of money, we still will be at a disadvantage in the long run. We need now to cut the fat from the bone if we are serious about surviving, as a Nation, the next 20 years.
aloughra This documentary is simply outstanding. It has a fast moving pace, covering a tremendous amount of material, without losing a layman's audience. It is educational as well as entertaining. Of course, with the upcoming elections, the timing for the movie couldn't be better. It helps educate voters on one of the most important topics for the upcoming election. At the same time, it is not a partisan movie, and does not lay blame on one party over another. It seems fair in its portrayal of this problem and does not have an ulterior political motive. Finally, it is a great date movie because you will have plenty to discuss afterward.
sewyoung-1 This may finally wake up the average American to what is about to happen to our economy and way of life in very short order. Most smart economists, politicians and business people have known for years that the feathers are soon to hit the fan. Ran Paul, Peter Schiff and others have been warning us for some time but very few have listened. Things have actually become considerably worse since this movie was made. The new housing bill will be the stick that breaks the camels back. Better batten down the hatches folks, the perfect storm is about to hit. Even if you are not one who normally pays much attention to economic data please see this movie and at least try to understand the scope of the disaster that is about to befall us in the next 1-2 years. This is not reality TV its just REALITY.