[Fisher] has been running a fervent campaign to alert Americans to the "very big hole" in unfunded pension and health-care liabilities built up by a careless political class over the years.That indeed would be a very big hole.
"We at the Dallas Fed believe the total is over $99 trillion," he said in February.
$99 Trillion....I can’t even comprehend that number. At some point, somebody will have to say stop and that will be it. It will be terrible for those of us going through it, but it will have to be done.