Quotulatiousness

February 14, 2011

So, how big is the US federal debt, really?

Filed under: Economics, Government, USA — Tags: , — Nicholas @ 13:05

H/T to Jon, my former virtual landlord, who asks:

Should “unfunded liabilities” be counted as the guy is counting them here? While some of those things are promised — such as Medicare and Medicaid — the amounts that will actually be paid out might be less. For example, many of those who are unemployed might starve to death before they rack up Medicare bills, so the actual Medicare costs will be less than the projected unfunded liability.

Whether they’re counted as he suggests or not, it’s still a freaking huge pile of bills.

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