Leading Economics Expert Weighs in 2024 Election

Other News, Politics
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Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Honorable David M. Walker.

Price and Walker take a tough look at the sad choices Americans have in the 2024 election. Forget “the lesser of two evils,” we suffer from the “evil of two lessers, they both argue.
Total federal debt surpassed $1 trillion in 1981, and President Ronald Reagan restated his support for a constitutional fiscal responsibility amendment. When Ross Perot first ran for president in 1992, total federal debt was approaching $4 trillion, and he viewed it as a great threat to America’s future. President Bill Clinton and House Speaker Newt Gingrich heeded Perot’s warning and worked together to achieve budget surpluses from 1998 to 2001 and an actual debt reduction held by the public in two of those years.

Beginning in 2003, however, it became clear that Washington was addicted to spending, deficits and debt.

Today, the federal debt is approaching $35 trillion and growing by at least $5.5 billion a day. And this debt is just the tip of the federal financial iceberg. When you add other liabilities and unfunded Social Security and Medicare obligations, the financial hole increases to over $120 trillion and is growing faster than the economy.


Dave is a nationally and internationally recognized fiscal responsibility, government transformation/ accountability, and retirement security expert. He is a non-practicing CPA with over 40 years of executive level experience in the public, private and non-profit sectors, including heading three federal agencies (two ERISA agencies), two non-profits, and leading a global service line for Arthur Andersen LLP. His most recent full-time federal position was as the seventh Comptroller General of the United States and CEO of the U.S. Government Accountability Office (GAO) for almost 10 years. This was one of his three Presidential appointments by Presidents from both political parties, with unanimous Senate confirmation each time. Dave also served as one of two Public Trustees for Social Security and Medicare from 1990-1995. 


Most recently, Dave served as the Distinguished Visiting Professor and Crowe Chair at the U.S. Naval Academy where he taught the Economics of National Security. He currently serves on a number of government and non-profit Boards and Advisory Committees, including the Defense Business Board, the Federal Fiscal Sustainability Foundation, and as a National Co-Founder of No Labels. 


Dave is also a periodic speaker, writer and media commentator. He has authored four books, the latest is entitled “America in 2040: Still a Superpower (A Pathway to Success)” published by AuthorHouse in October of 2020 and updated in February 2022. His most recent previous book was entitled “Comeback America: Turning the Country Around and Restoring Fiscal Responsibility“ (2010), which achieved National Bestseller status. He has appeared in many major programs and documentaries, including being the primary subject in a 60 Minutes segment and the critically acclaimed documentary I.O.U.S.A. 

Dave has a Bachelors Degree in Accounting from Jacksonville University, an SMG Certificate from the JFK School at Harvard, a CAPSTONE Certificate from the National Defense University, and four Honorary Doctorate Degrees. He has received numerous professional and leadership awards and is in four Halls of Fame. 

Dave is married to Mary Etheredge Walker.  They have two children and three grandchildren.


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