In an era of uncertain, unprecedented times, the American fiscal irresponsibility causes many issues for today’s generations, the future generations, and their retirements. The math doesn’t add up when you look at U.S. spending. This will have drastic impact not only on our country, but globally and even within the walls of your home.
This week Dave Hall hosts Former Comptroller David M. Walker to discuss America’s fiscal state, our national debt and deficit, taxes, and solutions he believes may help address these issues today with a long-term frame of mind.
David Walker says during this episode, “If you can’t put your finances in order, you will lose economic power over time.” And Dave Hall agrees by saying, “The government doesn’t work much different than our households in my opinion. We can’t run over budget indefinitely in our homes without having problems.”
During this episode you will learn about:
· America’s fiscal state and policies
· how the increased spending in these unprecedented times impacts you and your retirement
· how taxes increasing influences your money today and the future of your retirement
· potential solutions that could begin at home and that even apply to the U.S. government
For more information on David M. Walker and his books, please visit www.deficitranger.com.
David Walker Biography:
Over his professional career, Dave Walker has held leadership positions in the private, government and not-for-profit sectors—culminating in a decade-long mission to promote fiscal responsibility. From 1998 to 2008, Dave served as the seventh Comptroller General of the United States, where he spoke the truth to the American people about Washington’s fiscal mismanagement. Most recently, he served as CEO of the Comeback America Initiative (CAI), an organization Dave founded to engage his fellow citizens in the fight to restore fiscal sanity.
Prior to founding CAI, he served as the first President and CEO of the Peter G. Peterson Foundation. Previously, Dave earned three presidential appointments, each by different Presidents, with the most recent being his appointment as Comptroller General of the U.S. and head of the U.S. Government Accountability Office (GAO) to total 15 years of federal service. Dave also has over 20 years of private sector experience, including approximately 10 years as a Partner and Global Managing Director of Human Capital Services for Arthur Andersen LLP.
Dave has won many international and domestic leadership awards. He has authored three books, is a frequent media commentator, and the subject of the critically acclaimed documentary I.O.U.S.A. He is also listed in the Who’s Who in the World and Who’s Who in America.
