Thursday, August 11, 2011

Our debt is more like 211 Trillion Dollars

"If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That's the fiscal gap," he says. "That's our true indebtedness."

See more here

Wow, all I can say is wow. We. Are. So. Screwed.

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