I've posited the US true debt burden is higher than $100 trillion. The official national debt exceeded $16 trillion recently. Laurence Kotlikoff says it's actually $222 trillion here. This latest article splits the middle, declaring our financial burden at $70 trillion. When the number of digits gets that large, does it really matter?
http://keepingamericagreat.org/10-million-a-minute-tour/about-the-barometer/
Monday, September 10, 2012
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