Interview With Auditor-in-Chief, David Walker

[stevenstevensteven]

He's pleading with US politicians and taxpayers to face up to the harsh economic realities that come with an aging population and spiralling budget deficits. But is economic disaster really so close at hand?

You can access an online video of the BBC Hardtalk interview at the following link:
http://news.bbc.co.uk/2/hi/programme...lk/4857646.stm

[jeffolie]

He does state that the problems will come to a unsustainable crisis in the intermediate future 2020+. He wants a down payment to change the problems in 5 years which is in the next political administration. His solution is weak - raise taxes and cut expenditures. He has been talking the talk for 2 years and gotten no traction.

Nothing new to see here, move along. Besides, it is 23 minutes long.