Paraphrasing Mark Steyn, Americans want all the benefits the welfare state can offer, but they don’t want Swedish tax rates to pay for them. And our politicians make them think it is perfectly reasonable to be able do it. We have a $20 trillion national debt and entitlement programs that represent over $100 trillion in unfunded liabilities.
Exactly and many are quoting a much higher figure than 100 billion. If we don’t start the numbers going the other way our worthless dollar will be a historical currency.