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turbo6bar turbo6bar is offline
Unconstitutional Patriot
 
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Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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.
Old 10-08-2006, 06:33 AM
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