I.O.U.S.A. 2008 PG CC

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(86) IMDb 7.6/10
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America is on the brink of a financial meltdown. I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States. Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must mend its spendthrift ways or face an economic disaster of epic proportions.

Starring:
Robert Bixby, Humphrey Bogart
Runtime:
1 hour 25 minutes

I.O.U.S.A.

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I.O.U.S.A.

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Product Details

Genres Documentary
Director Patrick Creadon
Starring Robert Bixby, Humphrey Bogart
Supporting actors Warren Buffett, George Bush, George W. Bush, Jimmy Carter, Bill Clinton, Stephen Colbert, Kent Conrad, Ander Crenshaw, Bing Crosby, Douglas Durst, Dwight D. Eisenhower, Gerald Ford, Alan Greenspan, Judd Gregg, Yoni Gruskin, Kay Harms, Sue Herrera, Chrissy Hovde
Studio PBS
MPAA rating PG (Parental Guidance Suggested)
Captions and subtitles English Details
Rental rights 7-day viewing period. Details
Purchase rights Stream instantly and download to 2 locations Details
Format Amazon Instant Video (streaming online video and digital download)

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Customer Reviews

Very clear and understandable without being condescending.
T. Klyber
I will tell you just some of the points made by this movie; although it will seem as if I've given it all away I assure you that I haven't.
Matthew G. Sherwin
Our country faces an economic crisis of huge proportions--our ever-mounting and escalating National Debt!
Richard Halverson

Most Helpful Customer Reviews

53 of 57 people found the following review helpful By RLeone on November 7, 2008
Verified Purchase
It is unfortunate that only 10 people were in the theater besides my wife and I to watch this documentary film. The past head of the GAO for the last 3 presidents is the 'star' of this film and he presents the case about the national debt in a logical and yet terrifying manner. This is a must see for every high school student in America. Unfortunately, this will never happen. The film does present a method to save the country, but it will come at a cost that probably few in this land of ours will want to pay. But,if we don't, there is no doubt that a payment of some kind will occur, but it will be disastrous. Once you see this, you will begn to change your personal financial decisions with a wary eye on the future. Don't see this at your peril.
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41 of 46 people found the following review helpful By Matthew G. Sherwin HALL OF FAMETOP 500 REVIEWERVINE VOICE on April 22, 2009
Format: DVD
I.O.U.S.A. educates people about the very real and very dangerous financial problems our government is facing. The producers of the film pull no punches here and they don't sugar-coat it; and that was the right thing to do. The way Americans live today is essentially "living for the moment" without thinking of the importance of saving money for a rainy day; and the film goes into great, great detail highlighting that the American government does the same. I will tell you just some of the points made by this movie; although it will seem as if I've given it all away I assure you that I haven't.

The film starts with cameramen asking people just how much they know about the federal deficit, the federal debt, the difference between the two and more. Unfortunately, the vast majority of people simply didn't know the answers to these questions. This is no laughing matter. These topics are highly relevant in these harsh economic times when America is at a true crossroads; the nonpartisan film shows that we and our government have to choose between spending and saving wisely or being reckless with our money as we have been.

In addition, the interview footage we get here is extraordinary. Peter Peterson contends that out biggest threat is our own financial turmoil, not terrorism (I would rank the two about equal, though). I also appreciated the footage with former Comptroller General Of The United States, David Walker. David Walker speaks in plain English about the dangers of America's national debt, the ballooning national trade deficit and the increasing budget deficit. David Walker and his colleagues including Robert Bixby, head of The Concord Coalition, go on "fiscal wakeup tours" that never make the news although they should have been reported.
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29 of 34 people found the following review helpful By James M. Bennett on October 26, 2008
This film is a must-see for every American. It highlights the unfunded national liability, in addition to the national debt, that nobody is talking about. We need to take action now or have the debt take the world and our grandchildren down with it.
~Jim Bennett
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20 of 24 people found the following review helpful By The Actor on May 1, 2009
Format: DVD
This film is tremendously important and talks about a subject every American needs to know about: the looming debt crisis. Yes, everyone knows about the subprime loan crisis, but fewer know about (or are willing to acknowledge) the biggest subprime borrower of all: the U.S. government. Most people have a vague sense that something is wrong with the size of the national debt and the Federal deficits, but this movie really shows the full extent of the the problem.

This movie's primary message is that, unless something changes really quickly, there is another subprime crisis just waiting to happen: the national debt and the governments' unfunded liabilities (especially Social Security, Medicare, and Medicaid) are ticking time bombs. In other words, if you're not worried yet, you should be; the movie effectively demonstrates that, unless these problems are acted on quickly, the next generation will almost certainly have a lower standard of living than the current generation.

This film is an extremely well-done, high-quality documentary that addresses a crucial issue. It also does an extremely good job of being non-partisan; the film deliberately avoids taking a position on issues like big government vs. small government, the welfare state, tax cuts, etc. It merely argues that we need to pay for the government we actually have; most people are trying to have their cake and eat it too in the sense that they want ever-increasing government benefits and ever-decreasing taxes. (Consider that Bush pushed through a large tax cut and then dramatically increased government spending).
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18 of 22 people found the following review helpful By Michael R. Yost on October 19, 2008
Scary! This is an unsavory subject every American needs to know about. It is an eye-opening lesson about our national debt.
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14 of 18 people found the following review helpful By William E Donoghue on February 20, 2009
Format: DVD Verified Purchase
I. O. U. S. A. is a wake up call from some of the government experts and policy consultants (not lobbyists) who have been warning the President for years about this coming crisis. Philanthropist Peter G. Peterson put $1 billion of his own money in this organization and hired America's Watchdog, GAO Comptroller General David Walker to head up the effort.
This movie is a "must watch." CNN ran a shorter version on a recent Sunday with several of the stars live.
This is real, it is disturbing and it is timeless. The government was already in serious debt BEFORE the credit crisis hit the fan. We won't get out of this easily nor will most investment advisors even address it.
I will bet your advisor sat you down to discuss your "risk tolerance" years ago and you agreed that you could stand a 10% short-term decline but that 20% would be troubling. In the past seven months the stock market fell 45% and no one called you and the market is about to fall further and you probably have not reallocated your portfolio to gold, silver and inverse or bear market funds. The losses are so bad your advisor doesn't want to discuss such a painful outcome with you.
Watch this film and you will understand that it is unlikely that you will see much of the money you had one or two years ago ever in your lifetime.
It's troubling for the government but it is tragic for you.
Bill Donoghue, Chairman, W. E. Donoghue & Co., Inc. Norwood Massachusetts
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