Submitted by Anonymous (not verified) on April 2, 2008 - 12:56pm.
Anonymous writes: "Our economy is not in 'dire straights' Ben Bernanke says today: "Clearly, the U.S. economy is going through a very difficult period." What an understatement. Former Comptroller General of the United States David Walker writes that our unfunded promises (Medicare and Social Secuity) translate into "an IOU of around $455,000 per American household." This is the "$53 trillion dollar asteroid" that is approaching the US, expected to strike in 2019, eleven years from now. I think this qualifies as "dire straits" and I hope the P&J community can get out in front of the disaster with something other than pirate masks and airplane banners.
"End the Occupation Of Iraq"
Anonymous writes: "Our economy is not in 'dire straights' Ben Bernanke says today: "Clearly, the U.S. economy is going through a very difficult period." What an understatement. Former Comptroller General of the United States David Walker writes that our unfunded promises (Medicare and Social Secuity) translate into "an IOU of around $455,000 per American household." This is the "$53 trillion dollar asteroid" that is approaching the US, expected to strike in 2019, eleven years from now. I think this qualifies as "dire straits" and I hope the P&J community can get out in front of the disaster with something other than pirate masks and airplane banners.