Tuesday, March 01, 2011

QUOTE OF THE DAY: The unfunded liabilities of Social Security, Medicare and Medicaid already exce…

Instapundit » Blog Archive » QUOTE OF THE DAY

"QUOTE OF THE DAY:
The unfunded liabilities of Social Security, Medicare and Medicaid already exceed $106 trillion.

That’s well over $300,000 for every man, woman and child in America (and exceeds the combined value of every U.S. bank account, stock certificate, building and piece of personal or public property).

Can you say political malpractice?"

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