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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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The deficit is only one piece of the whole story. If you consider SS obligations and other Federal retirement programs, the total deficit or debt grows to just under $600 billion per year. When boomers begin retiring in mass, Social Security receipts will fall below pay-outs, and then we'll really start to see the deficit grow.
I think we can still reel in this problem, but it will take responsible leadership. I'd be happy to simply see a balanced budget. Inflation can fix our current debt total.
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