The U.S. is going broke.

Posted on August 20th, 2008 – 5:25 PM
By Kara McGuire

Our nation’s debt has been a popular topic for documentaries lately. Remember In Debt We Trust and Maxed Out?

Well, tomorrow I.O.U.S.A. “the story of America’s four key deficits – budget, savings, balance of payments and leadership” is opening. It’s a documentary about our nation’s bajillion dollar deficit (OK it’s really just $52,700,000,000,000), our ailing legacy programs (Social Security and it’s bed-ridden relative Medicare) and how our kids are basically going to pay for our fiscal responsibility for their lives and their kids’ lives and maybe even their kids’ lives.

Anyway, it is showing at several theaters tomorrow at 7 p.m. And after the movie, there will be a 45- minute live panel discussion simulcast at the theaters featuring Warren Buffett, CEO of Berkshire Hathaway, William Niskanen, chairman of the CATO Institute, Bill Novelli, CEO of AARP, Pete Peterson, senior chairman of The Blackstone Group and the Pete Peterson Foundation, and Dave Walker, former U.S. Comptroller General (who visited Minneapolis with his Fiscal Wake-Up Tour in 2007). According to the press release, “the discussion will explore the growth of the national debt and what can be done to make the nation more fiscally sound.”

The event is $18, pricier than a normal movie ticket. Still, I hope to see you at the Rosedale AMC at 7 p.m. It’s also playing at these locations.

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