Support Local Journalism. Join the Cleveland Scene Press Club.

I.O.U.S.A. (U.S., 2008) 

This documentary, which commences with footage of presidents from the past several decades talking about impending economic crises, takes a long, hard look at the current state of turmoil. Former Controller General David Walker likens the growing 8.7 trillion dollar national debt (as of February 2007) to “fiscal cancer,” and the film systematically shows just how we got into this jam, outlining four serious deficits (budget, savings, balance of payments and leadership) along the way. The movie has a rather pedantic method of presenting information, using graphs and charts to make its point, but that’s not necessarily a bad thing. This stuff is so complicated you almost need to take that approach to make sense of it. With interviews with billionaire Warren Buffett, former Federal Reserve Chairman Alan Greenspan and former Treasury Secretary Paul O’Neill, the film provides a balanced point of view and makes a compelling argument about a situation that’s becoming yet another inconvenient truth. Cleveland Institute of Art Cinematheque. At 7:30 p.m. Friday, Jan. 9. HHH

We welcome readers to submit letters regarding articles and content in Cleveland Scene. Letters should be a minimum of 150 words, refer to content that has appeared on Cleveland Scene, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at news@clevescene.com.

Support Local Journalism.
Join the Cleveland Scene Press Club


Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.


Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.


Join the Cleveland Scene Press Club for as little as $5 a month.

Latest in Film Capsules

Read the Digital Print Issue

November 17, 2021

View more issues

Most Popular

No recently-read stories.

Visit the archives…

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

Staff Pick Events

  • Season's Bleedings @ Capitol Theatre

    • Sat., Dec. 4
  • The Rocky Horror Picture Show @ Cedar Lee Theatre

    • First Saturday of every month

© 2021 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 505-8199
Logos and trademarks on this site are property of their respective owners.


Website powered by Foundation