David Walker is wrapping up his “10 Million a Minute” Tour today at the National Press Club. This article gives a brief resume on David Walker and makes the case that he is one of the few public figures that not only gets the impending crisis, but has real solutions that will permanently solve the problem. He reprises one of the lines I’ve used consistently in my workshop: In order for these crises to come to pass, all Congress has to do is nothing. And Congress is really good at doing nothing.
When asked if tax rates will have to go up in order to deal with our ever-mounting debt, David Walker responds, “Almost certainly.” This article is a good primer for those of you with clients who want to learn about David Walker and his unrelenting call for fiscal sanity.