Famous quote by Jim Cooper

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First, the year 2004, the year past, the Comptroller General of the United States, David A. Walker, said that arguably i
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"First, the year 2004, the year past, the Comptroller General of the United States, David A. Walker, said that arguably it was the worst year in American fiscal history, clearly setting our Nation on an unsustainable path"

- Jim Cooper

About this Quote

The quote by Jim Cooper is referring to the state of the United States' fiscal health in 2004. According to the Comptroller General of the United States, David A. Walker, 2004 was probably the worst year in American fiscal history. This means that the US was in a state of monetary instability and was heading down an unsustainable path. This was likely due to a combination of aspects, such as increased federal government costs, rising financial obligation levels, and a reduction in profits. The quote serves as an alerting to the US government to do something about it to address the country's fiscal problems and to put the US on a more sustainable course.

About the Author

USA Flag This quote is written / told by Jim Cooper somewhere between June 19, 1954 and today. He/she was a famous Politician from USA. The author also have 17 other quotes.

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