beretta304
Rookie
- Banned
- #1
Is there any reason for today's Americans to care about what happens to tomorrow's Americans? After all, what have tomorrow's Americans done for today's Americans? Moreover, since tomorrow's Americans don't vote, we can dump on them with impunity. That's a vision that describes the actual behavior of today's Americans.
The federal government gets by without having to provide transparent and honest financial statements. The U.S. Treasurys balance sheet does list liabilities such as public debt, but it does not include the massive unfunded liabilities of Social Security, Medicare and other federal future obligations. A conservative estimate of Washingtons unfunded liabilities for the year ending in 2011 is $87 trillion. Thats more than 500 percent of our 2011 GDP of $15 trillion.
America has 400 billionaires with a combined net worth of $1.3 trillion. If Congress fleeced them of their assets, stocks, bonds, yachts, airplanes, mansions and jewelry, it would get us to at least late fall.
The fact of the matter is there are not enough rich people to come anywhere close to satisfying Congress voracious spending appetite. The true tragedy for our future is that there are millions of uninformed Americans who will buy the political demagoguery and treachery that our problems can be solved by taxing the rich.
Future generations will pay for our trillions - Conservative News
The federal government gets by without having to provide transparent and honest financial statements. The U.S. Treasurys balance sheet does list liabilities such as public debt, but it does not include the massive unfunded liabilities of Social Security, Medicare and other federal future obligations. A conservative estimate of Washingtons unfunded liabilities for the year ending in 2011 is $87 trillion. Thats more than 500 percent of our 2011 GDP of $15 trillion.
America has 400 billionaires with a combined net worth of $1.3 trillion. If Congress fleeced them of their assets, stocks, bonds, yachts, airplanes, mansions and jewelry, it would get us to at least late fall.
The fact of the matter is there are not enough rich people to come anywhere close to satisfying Congress voracious spending appetite. The true tragedy for our future is that there are millions of uninformed Americans who will buy the political demagoguery and treachery that our problems can be solved by taxing the rich.
Future generations will pay for our trillions - Conservative News
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Yes... I was only joking.
