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Trillion, with a T

by Jerry Bader

This is why the government uses percentages instead of hard numbers. Projecting over 30 years, entitlement programs will cost somewhere between 72 trillion and 120 trillion dollars. And we're quibbling over cuts in the hundreds of billions? We're trying to bail out the Titanic with a shot glass. The numbers are mind-numbing yet they really shouldn't be surprise. You've got the Baby Boom moving through, all 90 million of us. And if even the low end projections are right, this will collapse much quicker than 30 years from now.

This is the businessman in Johnson coming out. You can't fix a problem that isn't clearly defined. And those numbers might just jar Americans into reality