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I decided on a new Thread because I didn't want these numbers to be lost in my "When America Went Wrong" Thread. I intended that Thread to be about Fiscal Policy and not about Politics persay.

To recap in as few words as possible it was under the Johnson Administration that America entered into a "Guns and Butter" fiscal policy. That the funds Social Security took in were a seperate account, a Savings Account as it were, and that Johnson started using them in the Genral Fund and placing IOUs in the account.

Well today the the OMB says that Social Security is UNDERFUNDED by .......$15 TRILLION.....$15,000,000,000,000.00

Today the OMB says Medicare is UNDERFUNDED by...... $71 TRILLION... $71,000,000,000,000.00

Thats $86,000,000,000,000.00..... $86 TRILLION in UNFUNDED Obligations that the US Government has towards its citizens in the coming decades.

As a point of comparison this years Budget is slated at $2.9 Trillion or.....$2,900,000,000,000.00


That is what your Government has done for U.

BTW: My source for these figures is Robert Porter head of the Office of Management & Budget...