Federal government aims to bankrupt us all
Disloyal Opposition
by JD Tuccille
05/19/08
USA Today came out with a troubling (but not unexpected) story stating that the federal government is way over its head in red ink — so deep in debt that if you divied it up among the population, the tab would be ‘nearly $500,000 per household.’ D.C.’s estimated $57.3 trillion in liabilities (State and local debt raise the total to $61.7 trillion) comes courtesy primarily of those oh-so-popular entitlement programs that keep the population sucking at the government tit and voting for more. Medicare alone has an unfunded liability of $30.4 trillion.
http://tinyurl.com/4eqv4p
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=JD+Tuccille
by JD Tuccille
05/19/08
USA Today came out with a troubling (but not unexpected) story stating that the federal government is way over its head in red ink — so deep in debt that if you divied it up among the population, the tab would be ‘nearly $500,000 per household.’ D.C.’s estimated $57.3 trillion in liabilities (State and local debt raise the total to $61.7 trillion) comes courtesy primarily of those oh-so-popular entitlement programs that keep the population sucking at the government tit and voting for more. Medicare alone has an unfunded liability of $30.4 trillion.
http://tinyurl.com/4eqv4p
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=JD+Tuccille
rudkla - 20. Mai, 10:48
