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To: kabar
$12.8 trillion, huh? The total value of all goods and services produced by the entire national economy in the past year was $12 trillion dollars. Think about that in relation to SS's unfunded liability. Its more than an overpromise.

(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie. Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")

52 posted on 12/26/2005 1:13:24 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: goldstategop

Consider this: Social Security pays more than $450 billion in benefits each year. If nothing is done, by 2060, the combination of Social Security and Medicare will account for more than 71 percent of the federal budget.


69 posted on 12/26/2005 5:29:49 PM PST by kabar
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