No small change
December 08th 09:26:39 PM
"If the federal government stopped the Medicare and Social Security programs tomorrow -- collecting no more payroll taxes and allowing no more accrual of benefits -- it would still owe up to $52 trillion to those who have already earned these benefits." How much is $52 trillion? "To put the numbers in perspective, the size of the entire U.S. economy is $14 trillion."
Posted by Ryan Lynch
|