David Walker Discusses The US Fiscal Crisis

Posted By: Les Carpenter III
Rational Nation USA


Mr.Walker, President and CEO Peter G.Peterson Foundation makes many points covering a broad scope of issues. Not everyone will agree in total, however American politicians as well as all citizens need to hear the message and begin taking credible action to reverse our current course. Which as we all know id self defeating and destructive.
l


Nick Gillespie's interview of David Walker took place was part of Reason Weekend, an annual conference held by Reason Foundation. This years conference took place April 15 - 18 in New Orleans.


t and sustainable path., president and CEO of th discuss the deteriorating financial condition of the federal government and what needs to be done to put the country on a more prudent and sustainable path.

Comments

  1. AnonymousSat Jun 26, 07:30:00 AM EDT

    When future generations look back at this insane time; I think they will view David Walker with much regard.

    ReplyDelete
  2. Rational Nation USASun Jun 27, 04:43:00 PM EDT

    Trestin - We can only hope!

    ReplyDelete

Post a Comment

RN USA is a No Judgement Zone (to steal from Planet Fitness), so please, No Judgement of others. We reserve the right to delete any such comment immediately upon detection.

All views are welcome. As long as the comment is on topic and respectful of others.


Top Posts

Our Biggest Creditor {China} Tells Us "The good old days of borrowing are over"

Image
by: Les Carpenter Rational Nation USA Birthplace o Independent Conservatism Liberty -vs- Tyranny As the chickens come home to roast... Unbelievable we have been this stupid. ( Reuters ) - Global leaders on Saturday arranged a round of emergency calls to discuss the twin debt crises in Europe and the United States that are causing turmoil in financial markets . After a week that saw $2.5 trillion wiped off global stock markets, they are under pressure to show political leadership and reassure markets that Western governments have both the will and ability to reduce their huge and growing public debt loads. French President Nicolas Sarkozy, who chairs the G7/G20 group of leading economies, conferred with Britain's Prime Minister David Cameron ahead of a call planned for this weekend by G7 finance ministers and central bankers. "They discussed the euro area and the U.S. debt downgrade. Both agreed the importance of working together, monitoring the situation closely
Read more

More From The Lincoln Project On Our Liar In Chief...

Image
New from The Lincoln Project - June 9, 2020- Contrary to all evidence, since his inauguration, President Donald J. Trump has been lying about the size of the crowds that he says have come out to cheer him on. Finally, this week, in cities across America, from coast to coast, and small towns in between, crowds even larger than he ever imagined possible have gathered — not to cheer Trump on — but in solidarity with one message: It’s time for him to go. Donald Trump, the American people are speaking directly to you with a simple message: It’s time to start packing your bags Indeed Donald J. Trump has told thousands of documented lies since assuming office. He is, a pathological liar as well as a sociopath. His lack of leadership, corruption, divisiveness, and non existent emotional intelligence is appalling as well as dangerous. Trump, in 3 1/2 years has shown America in real time what a corrupt, inept, and egregiously incompetent man looks like. The crowds now filling the stree
Read more

2015 Could Be a Bad Year for Liberals...

Image
Rational Nation USA Purveyor of Truth 2015 is going to be a very busy year for the Supreme Court of the United States and one that will result in defining moments on several fronts or issues. In just the first six months the SCOTUS will hear issues major that have divided political and social spectrum for some time. Topping the list are: 1) Obama care 2) Same-sex marriage equality 3) Religious freedom 4) Freedom of speech For details on the above short list and more GO HERE . Via: Memeorandum
Read more

Is Our Democratic Republic At Risk From Forces Both Foreign and Within?...

Image
We are moving this running post up to front page this evening where it will remain until January 3'rd 2017 when we will return to single posts, hopefully on a daily basis. There is much to do in getting the TRUTH out about Donald J Trump, a dishonest, totally self absorbed, and dangerous individual. He may be the president on January 20th but that does not mean thoughtful and concerned people shouldn't challenge Trump at every turn and fight his agenda whenever it runs contrary to their interests and those of their family. More to come. BTW, be sure to read today's entry, 12/28/16, below. this is just one example AND, it is just the beginning. You've probably noticed the brief posts of late. Posts with very short commentary by the weblolg administrator followed by an article that goes into the subject in much greater detail. This has been done purposefully following the rancorous 2016 election, and because its Christmas Time, soon to be a New Year.  This posting f
Read more

From the Tea-Publican Right...

Image
Rational Nation U S A Purveyor of Truth Seen today on a rightwing tea-publican weblog. When "their side" has nothing of substance to offer, and they known it, posters such as the one below become popular. Such posters are considered intellectual by the teabag folks on the right. To be balanced such posters do find their way onto left-wing weblogs. The difference? Posters on left-wing sights generally carry a valid message and the commentary factually supports the message of the post. Some random commentary from the tea-publican weblog follows. They adequately explain the reason for the poster at the top of the main page. The Debonair Dudes World October 26, 2015 at 6:46 AM I think that most Americans, be them Democrats, liberals, conservatives and or independents alike have had more than enough of President Obama’s No Strategy, No Plan, No Idea of what he is doing nor what he should be doing... . I think there are enough Americans who remember how things were in Am
Read more

Jon Stewart and the Babbling Nancy Pelosi...

by: Les Carpenter Rational Nation U S A Purveyor of Truth Jon Stewart actually asking some reasonable questions. Because the "Babbling and Time To Retire" Pelosi failed to address Stewart's questions and concerns effectively there seemed to be a bit of frustration displayed by Stewart. Or perhaps its just me? The Daily Show Get More: Daily Show Full Episodes , The Daily Show on Facebook Representative Pelosi just may have a future retirement career in comedy playing opposite the straight guy or gal. Story below the fold .
Read more

April Job Numbers Appear Improved... Are They Really?

Image
by: Les Carpenter Rational Nation USA Lib erty -vs- Tyra nny The April job reports are out. The good news is unemployment fell to a four year low, certainly at year six in Obama's Presidential tenure strikes a positive note. Or does it? At the same time the number of people employed part time rose as well as strong indications are showing the Affordable Care Act (ACA aka ObamaCare) will have a long term negative impact on the USA economy. The following is an interesting analysis and one that certainly has some credibility. AEI - US job growth in April beat economist expectations as nonfarm payrolls rose 165,000, and the jobless rate fell to a four-year low of 7.5%. But the report contained worrisome signs that President Obama’s health care reform law is hurting full-time, high-wage employment. While the American economy added 293,000 jobs last month, according to the separate household survey, the number of persons employed part time for economic reasons — “involuntar
Read more

The Ignorance and Arrogance of Obama...

Image
by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny In my opinion the President, in his attack on the United States Supreme court belies both his basic ignorance of our republic as well as his arrogance. His last uttering in and of itself is enough to deny the man, and I use the term loosely in this case, another term as President. Forgive me my rational liberal friends but his recent statement is more telling of his statist leanings than anything he has heretofore said. With this last he has proven beyond any doubt he is indeed clueless. The Washington Post - There was something rather unsettling in President Obama’s preemptive strike on the Supreme Court at Monday’s news conference. “I’d just remind conservative commentators that for years what we’ve heard is the biggest problem on the bench is judicial activism or a lack of judicial restraint — that an unelected group of people would somehow overturn a duly constituted and passed law,” Obama said. “Well, here’s a
Read more

Artur Davis Calls Biden Remarks 'Racial Visiousness'...

 by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny Artur Davis, articulate, intelligent, honest, and spot on in his criticism of both Vice President Joe (Dufus) Biden and President Obama. ( CNN ) - Artur Davis, the former four-term Democratic congressman from Alabama, said Wednesday that Vice President Joe Biden was propagating "racial viciousness" when he said Mitt Romney's regulatory policies would "put y'all back in chains." Biden made the comments Tuesday to a predominantly black crowd in Danville, Virginia, a city with a long history of racial tension. In May Davis announced he was switching to the GOP, leaving the door open to a future political bid as a Republican. Skip Davis, who is black, said the comment smacked of a type of divisiveness he said was all too common in the South. "It brought back memories for me," Davis told Wolf Blitzer on CNN's "The Situation Room." "It brought back memories of th
Read more