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To help put things in perspective, the Peterson Foundation calculated the federal government accumulated $56.4 trillion in total liabilities and unfunded promises for Medicare and Social Security as of September 30, 2008. The numbers used to calculate this figure come directly from the audited financial statements of the U.S. government.
If $56.4 trillion in financial commitments is too big a number to digest, think of it as $483,000 per American household, or $184,000 for every man, woman and child in the country.<<
Once again mindmeld, the Republican's talk a good talk, but what did they do? Nothing, nothing at all.
Obama will try to do something watch. He has ideas.
Social security is pretty easily fixable, it is medicare which is tough and universal health care, preferably with single payer makes the most sens to me.
But anyone can talk a good game, but the Republcians have no idea what to do that is practical.
E.g. name one good thing bush actually "accomplished" that was tough! He spent 5 trillion and doubled our debt by giving all of Clintons surpluses and your kids money to his rich friends.
That is all Bush did. Steal as much money from the middle class and give it to his rich frends. That was the very fist thing he did when he was elected and all he was interted in doing.
That is the thesis of his crime and presidency.
And the entire Republician party was complicit in his thievery. |
