The U.S. national debt of $17.5 trillion is always what makes the headlines... and if it were to be repaid at a rate of $10 million per day, 7 days a week, 365 days per year, it would take 4,700 years to repay. You think THATS bad?.....according to Forbes, U.S. federal unfunded liabilities (mostly future Medicare and Social Security spending) are estimated at near $127 trillion, which is roughly $1.1 million per U.S. taxpayer and nearly DOUBLE the 2012 GDP of the ENTIRE PLANET!
Posted on: Wed, 12 Mar 2014 17:23:52 +0000
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