The Fiscal Wake up Tour
March 19, 2007Several weeks ago, 60 Minutes profiled U.S. Comptroller General David Walker–the Nation’s top accountant. Fed up with the lack of response by politicians inside the beltway, Mr. Walker has taken his message on the road in what he calls the “Fiscal Wake up Tour.” He is trying to create a renewed sense of urgency to solve a decades-old problem: the Nation’s soaring debt. So concerned is he that he says this threat is greater than that posed by terrorism, and that our precarious financial situation threatens the very survival of our republic. His hope is that this issue will be a major issue in the upcoming presidential election, and that politicians and taxpayers alike will start making the difficult decisions before we have no choices remaining.
Senator John McCain, current and former presidential candidate and erstwhile conductor of the Straight Talk Express, has joined this discussion with this online ad. In it, he discusses some of the more outlandish instances of pork barrel spending, and what he would do about it if elected (for instance he would seek a line item veto to selectively eliminate unrelated and unnecessary provisions of bills). It remains to be seen, however, whether this issue has any significant hand in shaping the ‘08 election, and whether taxpayers can be convinced that change must occur before they feel the consequences of the problem. If Mr. Walker is correct, however, this issue will be shaping our lives one way or another.
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