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pritchke · 03-08-2005, 02:43 PM

An interesting gloom and doom article that just ads to my current depressesd state.

Record deficits, colossal debt and no clear plan for digging itself out. If the U.S. sinks, it will take Canada down with it.

David Walker can see the future, and it scares the hell out of him.

That wouldn't be terribly unusual if he were one of the thousands of lobbyists, legislators and activists crawling all over Washington on any given day, pontificating about the urgency of their pet issues. There is a thriving industry here built on pushing policy prescriptions for every ailment, real or imagined. But Walker isn't a lobbyist or an activist, he's an accountant. His title is comptroller general of the United States, which makes him the head auditor for the most important and powerful government in the world. And he's desperately trying to get a message out to anyone who'll listen: the United States of America's public finances are a shambles. They're getting rapidly worse. And if something major isn't done soon to solve the country's intractable budget problems, the world will face an economic shakeup unlike anything ever seen before. more....

[ 03-08-2005, 02:45 PM: Message edited by: pritchke ]

03-08-2005, 02:43 PM	#1
pritchke Bastet - Egyptian Cat Goddess Join Date: September 5, 2001 Location: Calgary, AB Age: 50 Posts: 3,491	An interesting gloom and doom article that just ads to my current depressesd state. Record deficits, colossal debt and no clear plan for digging itself out. If the U.S. sinks, it will take Canada down with it. David Walker can see the future, and it scares the hell out of him. That wouldn't be terribly unusual if he were one of the thousands of lobbyists, legislators and activists crawling all over Washington on any given day, pontificating about the urgency of their pet issues. There is a thriving industry here built on pushing policy prescriptions for every ailment, real or imagined. But Walker isn't a lobbyist or an activist, he's an accountant. His title is comptroller general of the United States, which makes him the head auditor for the most important and powerful government in the world. And he's desperately trying to get a message out to anyone who'll listen: the United States of America's public finances are a shambles. They're getting rapidly worse. And if something major isn't done soon to solve the country's intractable budget problems, the world will face an economic shakeup unlike anything ever seen before. more.... [ 03-08-2005, 02:45 PM: Message edited by: pritchke ]