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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (225228)3/20/2005 7:43:50 PM
From: RetiredNow  Read Replies (2) | Respond to of 1572334
 
Well, there are some scary things going on, but if you are as worried as you say, at least you can take solace in the fact that we only have 4 more years of this.

Mostly, what I'm worried about is that we have unfunded liabilities of something like $10-20 trillion for Medicare and Social Security. Then add to that the acknowledged national debt of $8 trillion and we you have gov't that owes something like $18-28 trillion. Americans have assets of something like $40 trillion, but we will have a national net liability if this profligacy continues.