U.S. Comptroller General Warns of Looming Financial Disaster in THE FUTURIST magazine

February 10, 2007 (PRLEAP.COM) Politics News
According to David M. Walker, the comptroller general of the United States, the time has come for the federal government to make some tough choices about budget systems, legislative processes, entitlement programs, spending patterns, and tax policies. "The sooner we begin to act, the better, because we are the world’s largest debtor nation, and time is working against us," he warns in the March-April issue of THE FUTURSIT magazine.

"Federal deficits will grow to unsustainable levels in as little as two decades," says Walker. "At that point, without significant policy changes, federal deficits could reach 10% or more of our economy."


In his article for the March-April FUTURIST, Walker goes on to describe how public officials, concerned citizens, and government bodies can better secure their future by planning in the long term, today.

http://www.wfs.org/futcontma07.htm

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THE FUTURIST is a bimonthly magazine focused on innovation, creative thinking, and emerging social, economic, environmental, and technological trends.
Among the thinkers and experts who have contributed to THE FUTURIST are Gene Roddenberry, Al Gore, Newt Gingrich, Richard Lamm, Alvin and Heidi Toffler, Buckminster Fuller, Frederik Pohl, Isaac Asimov, Vaclav Havel, Hazel Henderson, Margaret Mead, Robert McNamara, Betty Friedan, Nicholas Negroponte, Helena Norberg-Hodge, Lester R. Brown, Arthur C. Clarke, Douglas Rushkoff, Joel Garreau, and William J. Mitchell.

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