What 114.5 trillion dollars looks like.

[Randypiper]

It is hard to conceptualize.

http://usdebt.kleptocracy.us/

[Ian David]

1. Reagan Policies Gave Green Light to Red Ink

Reagan Policies Gave Green Light to Red Ink
http://www.washingtonpost.com/ac2/wp-dyn/A26402-2004Jun8?language=printer

[Broderick]

4. Very nice charts

If the economy improves, and people start getting back to work it will look like an economic miracle. If the unemployment rate drops just 2 percent he is landslide material because deficits will be narrowed on a grand scale.

Fingers crossed. I noticed a trend in my businesses and it's positive. I don't put a lot of stock in my efforts to grow, because I am in a need business and not a want business. My trends are very tied to the economy, and the last few months have me feeling a breath of hope.

[closeupready]

2. So what. I don't see the point. There's this thing known as amortization.

nt

[TheWraith]

3. $114 trillion? I think you have some bad information there.

The US national debt is $14 trillion, not $114 trillion.

[Ian David]

5. Rush Limbaugh must have said $114 Trillion today. n/t

[Randypiper]

6. 114.5 US unfunded liabilities

Not sure what that means.

[TheWraith]

7. It means Social Security, Medicare, Medicaid, et al.

So you can see what sort of "source" we're dealing with here.

[uponit7771]

9. Yeap, that's why I unrec this...the implication being SS is an entitlement

[RC]

11. Social Security IS an entitlement.

I paid in for 40 years and Now I am entitled to draw on those funds.
I have met the requirements for Social Security payments. So I am entitled to my calculated share.


Don't let the Republicans define words

Entitlement:
1. To give a name or title to.
2. To furnish with a right or claim to something.

[valerief]

8. This site was running a script that my laptop didn't accept. nt

[DainBramaged]

10. link problem

[SheilaT]

12. This is clearly being used to

push the OMG! THE DEFICIT WILL DESTROY US ALL!!! CUT SPENDING, CUT SPENDING, CUT SPENDING! WE DON'T NEED NO STINKING SOCIAL SECURITY OR MEDICARE!!

The caps are deliberate, because I am bothered that such a thing has been linked to here on this site.

[rdking647]

13. 114.5 Trillion is a made up fantasy number

it has no basis in reality
but thanks for playing