Met a business owner in manufacturing yesterday

[ChunkyMonkey]

I asked a question in a different thread about a plan to pay down the 16 trillion in debt we've accrued.

I asked another question in the same thread about paying for the federal governments financial promise to social security, medicare, and medicaid.

There is a "sort of" plan for the first, the second one is completely unfunded and there is no source for that kind of money. The baby boomers are entering that period of their lives when their medical costs really start to climb.

... and our obligation is larger in proportion compare to post WWI Germany.

[roberth]

Yes it is ENORMOUS.

We think Greece is a mess with all their riots and crap, theirs is a picnic compared to "austerity" here.