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- "Here's how bad our situation really is [as of 2008]: We already have approximately $11 trillion in total liabilities, including public debt. To this amount, you need to add the current unfunded obligations for Social Security benefits, of about $7 trillion. Then add Medicare's unfunded promises – $34 trillion – of which about $26T relates to Medicare parts A &B and about $8 trillion relates to Medicare Part D, the new prescription drug benefit, which some claimed would save money in overall Medicare costs. Add another $1 trillion in miscellaneous items, and you get $53 trillion. Our country would need $53 trillion invested today, which is about $175,000 per person, to deliver on the government's obligations and promises. How of much of this $53 trillion do we have? Zip." (en)
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