RE: Nuclear War? World War 3? End of The World? 09-27-2013, 06:07 AM
#31
(09-26-2013, 05:49 AM)w00t Wrote: 1. Don't multiply the actual debt by 2 just because it suits your purpose. 87 T in unfunded liabilities + 16 T current debt.
$16 trillion x 2 <> $200 trillion.
"A National Debt Of $14 Trillion? Try $211 Trillion"
http://www.npr.org/2011/08/06/139027615/...1-trillion
Quote:2. Know what an unfunded liability is. All an unfunded liability is is a projection of how much money will need to be spent that, as of that moment, does not have a funding source.
Hence, "if you include."