To: Rusty0604
What’s 5% of $17,000,000,000,000?
Don’t need a PhD in economics to know this is a problem...
13 posted on
02/03/2014 8:07:49 AM PST by
LucianOfSamasota
(Tanstaafl - its not just for breakfast anymore...)
To: LucianOfSamasota
And the debt will continue to increase by $600 billion or more per year, especially since we just suspended sequestration for two years with the Ryan-Murray deal.
18 posted on
02/03/2014 8:13:25 AM PST by
kabar
To: LucianOfSamasota
$17 trillion grossly understates the real amount of debt (by over $100 trillion) when the unfunded liabilities are included. See bottom line in link:
http://www.usdebtclock.org/
To: LucianOfSamasota
Whats 5% of $17,000,000,000,000?About $150 billion less than $20,000,000,000,000, which is where we'll be in Jan 2017.
BTW, 5% of $20T is:
37 posted on
02/03/2014 9:34:40 AM PST by
Night Hides Not
(For every Ted Cruz we send to DC, I can endure 2-3 "unviable" candidates that beat incumbents.)
To: LucianOfSamasota
It’s actually $240,000,000,000,000.00 net of taxes.
Search on Lawrence Kotlikoff.
55 posted on
02/06/2014 4:59:27 AM PST by
1010RD
(First, Do No Harm)
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