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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (280966)	7/27/2002 10:44:53 PM
From: Dan B.	Read Replies (1) \| Respond to of 769670

Re: "What would you call Medicare?" Socialized medicine, granted, of course. America ain't perfectly smart in the ways of Freedom. Dan B

To: J_F_Shepard who wrote (280966)	7/28/2002 9:32:27 AM
From: Baldur Fjvlnisson	Respond to of 769670

Un-funded Medicare contingent liabilities, estimated $ 7 Trillion (7000 billion or only 70% of GDP). Un-funded Social Security contingent liabilities estimated looking forward $10 Trillion (10,000 billion or only 100% of GDP). Un-funded federal employee pension and medical contingent liabilities (incl. Postal service) no estimate but it's staggeringly huge. Un-funded state & local government employee pension & medical liabilities no estimate but it's staggeringly huge. Other off-budget Federal Govt. borrowings ? Anybody's guess. Huge.