Absolutely right. The cliff we have already fallen over is $ 16 trillion in debt. That’s a cliff like no one has ever seen before.
“The cliff we have already fallen over is $ 16 trillion in debt”.
Correct! What isn’t so obvious is the 87 to 222 Trillion in unfunded promises made by the federal government to the American people that are impossible to fund.
The exact number of trillions of the promises is based somewhat on who you talk too or who is doing the calculation, nevertheless, it is the hidden cliff and isn’t going away any time soon.
Oh I almost forgot, we are all part of the problem, so we better all be ready for the pain, and the states, all fifty of them are in on it too.
Oh say can you see, AK, WY, and ND bailing out the other 48?