Sarah Palin For President 2012 Message Board

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Politics : Sarah Palin For President 2012

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To: TimF who wrote (332)	9/10/2008 11:42:07 PM
From: RMF	1 Recommendation Read Replies (1) of 1832

I believe in 1980 we were the biggest Creditor Nation in the World and today we are the biggest Debtor Nation in the World. And our debt lies not only with the government, but also individuals. We have one of the lowest savings rates in the world. Besides our "current debt" of about $9.7 Trillion, we also have unfunded "future debt" of almost $60 Trillion from Medicaid and Social Security, right at the time when the Baby Boomers are going to be retiring. The Debt is THERE, future GDP growth is not necessarily there.

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