{"id":49116,"date":"2014-03-28T08:43:20","date_gmt":"2014-03-28T12:43:20","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=49116"},"modified":"2014-03-28T08:43:20","modified_gmt":"2014-03-28T12:43:20","slug":"us-government-unaffordable-unsustainable-says-david-walker","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/28\/us-government-unaffordable-unsustainable-says-david-walker\/","title":{"rendered":"US Government Is Unaffordable and Unsustainable, Says David Walker"},"content":{"rendered":"<h4><span style=\"font-size: small;\">Podcast By Casey Research<br \/>\n<\/span><\/h4>\n<p class=\"desc\">Former Comptroller General of the United States David Walker talks about the trouble with Obamacare and the sky-high national debt\u2026 how much to spend on national defense\u2026 and outlines his top 3 reforms to fix the US government.<\/p>\n<p><iframe loading=\"lazy\" style=\"border: none;\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/2740598\/height\/45\/width\/450\/theme\/standard\/direction\/no\/autoplay\/no\/autonext\/no\/thumbnail\/yes\/preload\/no\/no_addthis\/no\/\" height=\"45\" width=\"450\" allowfullscreen=\"\" scrolling=\"no\"><\/iframe><\/p>\n<table style=\"margin: 20px 20px 20px 20px; border-top: 1px solid #ccc; border-bottom: 1px solid #ccc;\" width=\"650\" border=\"0\" cellspacing=\"10\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td colspan=\"3\"><strong>Want more insightful talk on your money and investments? Subscribe now to Sound Money in your email, in iTunes, or via RSS.<\/strong> <a style=\"padding: 3px 5px; border: 1px solid #46b8da; background-color: #5bc0de; color: #fff; font-family: Helvetica, Arial, sans-serif; font-size: 13px; border-radius: 3px; text-align: center; text-decoration: none;\" href=\"http:\/\/www.caseyresearch.com\/go\/vxz9j-2\/PIP\">Email<\/a> <a style=\"padding: 3px 5px; border: 1px solid #285e8e; background-color: #3276b1; color: #fff; font-family: Helvetica, Arial, sans-serif; font-size: 13px; border-radius: 3px; text-align: center; text-decoration: none;\" href=\"http:\/\/www.caseyresearch.com\/go\/vxzuk-2\/PIP\"><img decoding=\"async\" style=\"vertical-align: text-bottom;\" alt=\"\" src=\"http:\/\/d15s74raupkmp7.cloudfront.net\/sites\/sound-money\/images\/apple.png\" height=\"17\" \/> iTunes<\/a> <a style=\"padding: 3px 5px; border: 1px solid #d58512; background-color: #ed9c28; color: #fff; font-family: Helvetica, Arial, sans-serif; font-size: 13px; border-radius: 3px; text-align: center; text-decoration: none;\" href=\"http:\/\/www.caseyresearch.com\/go\/vxzxm-2\/PIP\">RSS<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Here are a few highlights:<\/p>\n<p>\u201cAmerica can definitely be made great again. It\u2019s not too late, but what we need is a wakeup call, a call to action and a specific course correction to try to be able to make sure that we don\u2019t repeat history.\u201d<\/p>\n<p>\u201cPresident Obama promised \u2026 that he was going to be a uniter rather than a divider, and unfortunately, he hasn\u2019t done that. Our financial condition today is much worse than when President Obama took office. Frankly, from George Washington, who was our first president, to William Jefferson Clinton, who was our 42<sup>nd<\/sup> president, we only accumulated $5.5 trillion in debt\u2014and now we\u2019re up to $17.5 trillion.\u201d<\/p>\n<p>\u201cThe government is going to always do more for the poor, for the disabled, and for the military, but \u2026 promises way too much and it subsidizes way too many people, and the result of that is that it creates a system that is unaffordable and unsustainable.\u201d<\/p>\n<p>\u201cWhat a lot of people don\u2019t realize is built into the Affordable Care Act, is a bailout provision for insurance companies. So that taxpayers are probably going to be on the hook for, you know, some large payments due to meet those guarantees.\u201d<\/p>\n<div id=\"xvMdV95u77zU\" style=\"clear: both;\">The article <a href=\"http:\/\/www.caseyresearch.com\/go\/vxyin-2\/PIP\" rel=\"permalink\">US Government Is Unaffordable and Unsustainable, Says David Walker<\/a> was originally published at <a href=\"http:\/\/www.caseyresearch.com\/go\/vxymp-2\/PIP\">caseyresearch.com<\/a>.<\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Podcast By Casey Research Former Comptroller General of the United States David Walker talks about the trouble with Obamacare and the sky-high national debt\u2026 how much to spend on national defense\u2026 and outlines his top 3 reforms to fix the US government. Want more insightful talk on your money and investments? Subscribe now to Sound &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/28\/us-government-unaffordable-unsustainable-says-david-walker\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;US Government Is Unaffordable and Unsustainable, Says David Walker&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49116","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=49116"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49116\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=49116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=49116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=49116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}