Movie Review

I.O.U.S.A. (2008)

EW's GRADE
A

Details Limited Release: Aug 22, 2008; Rated: PG; Length: 87 Minutes; Genre: Documentary

 FUTURE HOCK Credit I.O.U.S.A. for making plain the depths of the national debt crisis
FUTURE HOCK Credit I.O.U.S.A. for making plain the depths of the national debt crisis

Certain topics — the Enron disaster, the industrialization of corn — are so thick with unsexy detail that if you happen to see a good documentary about them, it can produce a kind of catharsis. ''Aha!'' you exclaim. ''Now I finally get it!'' I.O.U.S.A., a sharp, absorbing portrait of our national debt crisis, has that energizing brain-food effect. The film traces how America, whose federal debt reached $8.7 trillion in 2007, has put its future into hock. It's a scary, sobering look at toothless leaders and credit-addicted consumers locked in a duet of denial. If they handed out an Academy Award for Most Gripping Graphs and Charts, this film would take it. A

Originally posted Aug 27, 2008 Published in issue #1009 Sep 05, 2008 Order article reprints

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