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David Walker
Political/Philanthropic leader

David Walker

Former Comptroller General of the United States, David Walker is president and CEO of the Peter G. Peterson Foundation.

Americans are starved for fiscal truth

Question: The conventional political wisdom is that the American public will reject politicians who propose or embrace a plan to bring the federal budget into balance through tax hikes and/or deep spending cuts. Is this a leadership challenge without a good solution? Can there be leadership without follow-ship?

Based on my travels to more than 40 states and more than 400 public engagements during the past two-and-a-half years alone, Americans are starved for truth and leadership in connection with our fiscal and other key sustainability challenges. They are also are tired of partisan battles and ideological divides. Therefore, providing effective leadership in the fiscal area can pay both economic and political dividends.

The president needs to provide the leadership, and the leaders of both major parties need to work together in a bipartisan manner to begin to put our nation's finances in order. We can do it in an intelligent and phased-in manner before a crisis is at our doorstep; or else it will have to be done in a sudden, dramatic and possibly draconian manner in the face of a crisis. The choice is ours. Hopefully, the president and congressional leaders will chose wisely.

By David Walker

 |  November 30, 2010; 11:22 AM ET
Category:  Accomplishing Goals , Congressional leadership , Crisis leadership , Followership , Government leadership , Managing Crises , Political leadership , Presidential leadership Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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