Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: pepsi_junkie
Unfunded liabilities depend so much on demographic change, as well as the initial interest rate you want to set as a constant, they aren't worth worrying about.

They don't happen.

10 posted on 01/06/2013 2:15:37 PM PST by muawiyah
[ Post Reply | Private Reply | To 4 | View Replies ]


To: muawiyah
Unfunded liabilities depend so much on demographic change, as well as the initial interest rate you want to set as a constant, they aren't worth worrying about

That seems to me like saying "Since you don't know exactly how many cars are on the freight train speeding at you, it isn't worth worrying about"

From what I read, taking into account the variabilities, we're looking at between $80Trillion and $120Trillion, with the increase about $8Trillion a year.

The lowest of the numbers in that range is greater than the sum total of every privately-owned (including businesses and corporations) asset. The $8Trillion is larger than all income over $60k, plus all corporate income period, plus the entire DOD budget combined.


13 posted on 01/06/2013 2:31:16 PM PST by chrisser (Senseless legislation does nothing to solve senseless violence.)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson