[bigdaddy45]

Ahhh debt and the deficit. Clearly no one cares.

[bert]

The cure for the debt is well known and traditional

Inflation and war.

One or both will resolve the debt issue

[Perseverando]

https://usdebtclock.org/

[Dilbert San Diego]

A lot of the social security and Medicare liabilities, are based on certain assumptions.

Social security liabilities are based on assumptions of tax rates, rates of inflation, rates of economic growth, the maximum income subject to social security tax,and how long they expect all.of us to be alive.

Clearly we have big troubles ahead in these areas, but the further out we try to project, the hazier the picture becomes.

I heard someone had done a 75 year projection for social security. Unfunded liabilities were in the tens of trillions, I dont recall the exact amounts. I think an unspoken additional assumption, is that government officials over the years, will make changes to address the issues before we get to the disasterous end point of such projections.

[Pontiac]

AB Bernstein came up with the calculation — 1,832%, to be exact — by including not only traditional levels of public debt like bonds but also financial debt and all its complexities as well as future obligations for so-called entitlement programs like Social Security, Medicare and public pensions.

The big cities are the canary in the coal mine.

They are starting to drift in to bankruptcy as Baby Boomers are retiring.

Public officials are cowards and will do nothing to jeopardize their cushy jobs.

Congress is worse. They will do all they can to kick the can down the road far enough to reelected and no more. Actually dealing with the problem means standing up to unions and the elderly the two groups most likely to vote.

[King_Corey]

The best investment is brass and lead. Kept safe and dry and ready to go, and away from the claws our or government and any foreign enemies. Maybe not living in a major urban center, and having a solid bug out location. Because when it all falls apart, you want to be safe or already dead. In between is going to be bad.

[BitWielder1]

Nobody in the Media seems to care about the debt when there is a Democrat President.
Now they care.
And to sound extra alarming they say 2,000% instead of simply 20 times GDP.

[Trumpisourlastchance]

I told you. Fighting another endless war in Afghanistan makes us, our kids & grand-kids more broke.

[lewislynn]

Someone suggests it could be

[Sacajaweau]

https://www.cnbc.com/2019/02/13/that-22-trillion-national-debt-number-is-huge-but-heres-what-it-really-means.html

[momincombatboots]

But what about infrastructure? The big blue staye infrastructure bailouut must be repeated, at least every 4-8 years to make red state residents pay for the irresponsibility of others.

[momincombatboots]

But what about infrastructure? The big blue staye infrastructure bailouut must be repeated, at least every 4-8 years to make red state residents pay for the irresponsibility of others.

[kaehurowing]

When you look at our relative debt vs. China, that is why they are going to eat our lunch

We are bankrupt. They are not.

[Steamburg]

Screw the facts, there’s an election to steal.

[fella]

If our nation was a normal family it would have been in debtors prison since 1935.

[redinIllinois]

Great info

Thanks for posting!!!