| America's Financial Future by David Walker |
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David M. Walker (Comptroller General of the USA) talks about our Nation's Budget Crisis. The Comptroller General of the United States proclaims that our current standard of living is unsustainable unless drastic action is taken. He warns that funding shortfalls for the Medicare program is five times worse than Social Security, and it will take $8 TRILLION to pay for what is promised today to beneficiaries, of which we have ZERO! This unrealistic "promise" is fiscally irresponsible and is mortgaging the futures of our children and grandchildren. Watch as the federal government's dirty little secret is revealed!The video ends with Walker stating that this is not just about numbers nor a record of fiscal irresponsibility but this is an issue of immorality. David Walker made this video for all of us: Americal's Fiscal Future. He describes the current state of our Federal Financial condition and what our longterm fiscal outlook will be.
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