I.O.U.S.A.

2008
7.5| 1h25m| en| More Info
Released: 19 January 2008 Released
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Synopsis

With the country's debt growing out of control, Americans by and large are unaware of the looming financial crisis. This documentary examines several of the ways America can get its economy back on the right track. In addition to looking at the federal deficit and trade deficit, the film also closely explores the challenges of funding national entitlement programs such as Social Security, Medicare and Medicaid.

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Reviews

lastliberal There is probably no solution to our problem. This documentary is not so much a call to arms, but a history of how we got into the fiscal situation we are in, and how the future we face is going to look.We have spent and tax cut our way into a fiscal crisis that will never be resolved. It's not as if we can't do it. We did it during the Clinton years, but we immediately lost the nerve. It is not a liberal or conservative problem, it is a problem of will.Four years from now, all we would be able to pay for is interest on the federal debt and some Medicaid and Medicare. We have no money for anything else.The state of our union is not strong.
driftracer I am not from U.S.A., but I expected to see a real presentation of the current problems that are brought upon the world economy; because if U.S.A. goes down, we all go down, financially speaking, due to the fact that the U.S. is the largest provider of capital.Now I expected this movie to show the causes of the economic clashes U.S.A. is facing, that are spreading around the world, along with the people and institutions responsible, but I just got an endless number of force-fed lies.The people that talk throughout this documentary, among others, are from the Federal Reserve, positions in government and business...go figure! exactly the ones responsible for the mess this movie talks about. In my opinion this is nothing but a desperate shot at masking the corrupt, fraudulent system these people are perpetuating, while pointing at the common human being for the mistakes caused by there own shortcomings and unparalleled greed.The language mostly used is very sophisticated and confusing, thus hindering attempts at understanding what they are saying, or they are just talking nonsense. The tone of there voice is boring and flat. These elements coupled with the failure to make a realistic point, in my opinion, have the purpose of controlling people, not informing them.P.S.: If you're not convinced, or if you don't understand what I'm talking about then by all means watch this documentary, but I think that whatever you chose, you definitely should get more information on the subject; I recommend: Zeitgeist, Zeitgeist Addendum and Zero:An Investigation Into 9/11, to satisfy your curiosity.
mattwsherman This film does a very good job at scaring people. Some of the figures and projections are bone-chilling. However, it largely overstates the problem. We've handled deficits before. We ran an enormous deficit during the WW-II era (over 100% of GDP), so the current deficit (around 3% of GDP) is not a "fiscal cancer" as the IOUSA team would have you believe.More importantly though, the film missed an opportunity to offer a real solution to the deficit problem -- health care. If our country's health care system were as efficient as the systems in other industrialized countries, and if programs like Medicare/Medicaid could take advantage of these lower costs, our deficit problem would virtually disappear. The Center for Economic and Policy Research has a nice graphic that demonstrates this well: http://www.cepr.net/calculators/iousadeficit/calc_iousa_deficit.html
aloughra This documentary is simply outstanding. It has a fast moving pace, covering a tremendous amount of material, without losing a layman's audience. It is educational as well as entertaining. Of course, with the upcoming elections, the timing for the movie couldn't be better. It helps educate voters on one of the most important topics for the upcoming election. At the same time, it is not a partisan movie, and does not lay blame on one party over another. It seems fair in its portrayal of this problem and does not have an ulterior political motive. Finally, it is a great date movie because you will have plenty to discuss afterward.