IOU’s by the Federal Government
The Federal Government has promised seniors, military, debt holders and employees but will not be able to deliver. Is this a bait and switch move, incompetence, or power clouds those with best intentions? Consider these facts now and peek into the future:
Medicare Enrollment Estimates 2010 48 million
2020 64 million
2030 81 million
Medicare SHORTFALL in 2010 $1,800,000,000,000
Social Security SHORTFALL PER YEAR $1,200,000,000,000
The Federal Government has issued IOU’s to the social security trust fund in the amount of:
$2,600,000,000,000
The top 5-Hedge fund Managers earn PER YEAR:
$184,000,000,000
The top 5-most profitable companies on the Globe earn PER YEAR:
$ 75,000,000,000
How does this even equate for us going forward?
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