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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (25508)12/12/2009 6:33:01 PM
From: ayn rand  Read Replies (1) | Respond to of 71456
 
This is the on-budget debt, meaning the debt statistic the government prefers to report. It is deliberately misleading. The real debt is over seven times larger.

The unfunded liability of the U.S. government for Social Security and Medicare is over $70 trillion

In addition, the total unfunded government debt, which includes Social Security, Medicare, and Federal pensions (off-budget), is approaching $77 trillion.

garynorth.com