IOUSA Solutions: Part 2 of 5

The award-winning documentary I.O.U.S.A. opened up America's eyes to the consequences of our nation's debt and the need for our government to show more fiscal responsibility. Now that more Americans and elected officials are aware of our fiscal challenges, the producers of I.O.U.S.A. created I.O.U.S.A.: Solutions, a follow-up special focusing on solutions to the fiscal crisis. Learn more at http://www.iousathemovie.com/.

Category:

News & Politics

Tags:

• IOUSA
• Solutions
• Part2

[cybersphere]

The older generation still seems out of touch. "You'd be lucky to make 80,000???". In today's economy, you'd be lucky to have a job that pays over minimum wage.

[jackiechan511]

Let's face it. The USA will never be able to pay off their debts in our lifetime or maybe in 200 years. Its easy to borrow but its hard for politicians to balance budgets since there are so many programs that Americans want but wont pay for.

The only solution that the US has is to ask the federal reserve to print more money since that is what's happening right now. In fact, that is the only solution that the USA has since it has exhausted all of its options

[justfactsallowed]

Roosevelt began the entitlement mentality with his 'new deal', LBJ put it in high gear with his 'great society'. Politicians on this video say one thing and do another. Pay Go! It's gone. Why do Democrats vehemently refuse to support a balanced budget amendment? More borrowing, taxing, free healthcare, free college educations and higher minimum wages - that's their answer! Do you believe that?

When the rich are taxed to poverty and China stops lending, who will fund our dependent society?

[BernieLomaxisalive]

aww poor rich americans!

[justlookaroundpeople]

It's 99% today that's sad

[dsalvat1]

@wtong89 Learn another language, learn multiple trades. You will be fine. The world is big.

[wtong89]

I graduated from High school having a positive outlook in life. After watching this documentary, i feel so cheated. :(

[madmanatsea]

@bingramtube

Over the Last 40 years I'd say the average worker made $20,000/yr, to figure the amount paid to medicare and SS just multiply 6.5%X$20,000 to get annual contribution and finally by 40yrs to get $52,000 paid into Medicare and Social Security over his lifetime!

Use this for speed 0.065X20,000X40=$52,000 into both Medicare and Social Security..........And you should be ASHAMED of yourself for putting this country into so much debt and RUINING the future of all the young people!

[madmanatsea]

What is really scary is that MOST of these new jobs are probably in the fast food industry so these workers are getting $400 checks, Obama's making work pay program, from the government instead of paying any federal income tax. The government at least gets a payroll tax, which is the greatest INVESTMENT on earth, from them, but that has been REDUCED by Obama and Congress so Social Security and Medicare are getting some 4% less dollars.

[Warsie]

@jackiechan511

lol Weimar Republic response xD

[Warsie]

@hablerz

lol

[donques]

@quadcatfly Actually, Richard Nixon way back when even advocated a minimum income for all because it would keep the economy flush with spending from the bottom up. We have been doing top-down now for 30 years and the economy is about to collapse. If you have the idea that Obama is any less economically conservative than the republicans, you need to become more informed.