Are we really entitled to this?
TCS Daily
by Jagadeesh Gokhale
11/14/06
As reported by its trustees, Social Security's total imbalance has increased from $10.4 trillion in 2004 to $13.4 trillion in 2006 -- a jump of $3.0 trillion in just two years. And Medicare's imbalance has grown from $61.6 trillion in 2004 to $70.5 trillion today -- an increase of $8.9 trillion in the same period. That's $11.9 trillion in new debt in the past two years alone. Put another way, it's 85 percent of the $14 trillion of GDP that the United States will likely produce this year...
http://www.tcsdaily.com/article.aspx?id=111306B
Informant: Thomas L. Knapp
by Jagadeesh Gokhale
11/14/06
As reported by its trustees, Social Security's total imbalance has increased from $10.4 trillion in 2004 to $13.4 trillion in 2006 -- a jump of $3.0 trillion in just two years. And Medicare's imbalance has grown from $61.6 trillion in 2004 to $70.5 trillion today -- an increase of $8.9 trillion in the same period. That's $11.9 trillion in new debt in the past two years alone. Put another way, it's 85 percent of the $14 trillion of GDP that the United States will likely produce this year...
http://www.tcsdaily.com/article.aspx?id=111306B
Informant: Thomas L. Knapp
rudkla - 14. Nov, 16:06
