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To: george76

>> The unfunded future obligations to retired government employees is massive.

... and the Bambi answer to that problem? Create MORE government employees and guarantee them (unfunded) retirement and health care for life.

Going to be a bumpy ride.


14 posted on 04/23/2009 6:43:54 AM PDT by Nervous Tick (Party? I don't have one anymore.)
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To: Nervous Tick

Social security was to go upside down in 2017. ( Revenue versus spending ).

However, it apparently went upside in March, 2009.

Medicare and all is even worse.

The printing of US money will be massive.


15 posted on 04/23/2009 6:53:00 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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