wrote in message
...
On Fri, 12 Feb 2010 07:52:24 -0500, BAR wrote:

In article ,
says...

On Thu, 11 Feb 2010 20:17:08 -0800, "nom=de=plume"
wrote:

According to you.

If you do much reading, you will find a lot of financial people are
asking the same questions about how long we can continue the raise
the
debt limit and how we will deal with the entitlements when they
explode in our face..

Huh?? Lots of financial people (aka economists) ask those questions. We
can't continue to raise it forever, but it's no where near an unusual
dept
to GDP crisis.

The end of the SS surplus is straight from the trustees report on
SSA.GOV,
The demographics of the number of baby boomers vs the following
generations who have to pay the bill is available from the census.
The amount of our debt that is held by foreigners is from the
treasury
department.
The percentage of discretionary spending vs entitlements, out in the
future is from OMB.

You may disagree with how I connect the dots but the dots are fact.


Typically, dots are connected with some sort of logic.

The warnings are out there but sometimes you just have to let the baby
touch the stove.

See you in 2012

At least one elected official knows what to do:

http://wcbstv.com/local/governor.chr...2.1487727.html


The problem with the US economy is the biggest chunk of our spending
in 10 years will be "entitlements" that you can't "freeze". They grow
on their own, unless you want to throw grandma from the train.


?? It's already something like 2/3 of the Federal budget... something like
that..

Here's a link... I just glanced at it.

http://www.infoplease.com/cig/econom...e-economy.html


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Nom=de=Plume