Sunday , 26 May 2024

Tag Archives: unfunded pension liabilities

U.S. Extremely Vulnerable To An Economic Attack! Here's Why

Most lawmakers at the federal, state, and local levels do not understand the absolute severity of the crisis - that the sheer magnitude of our debt makes the United States extremely vulnerable to an economic attack. We are not too big to fail!...The failure to understand our vulnerabilities with our debt and the strategic bind we have put ourselves in will lead to tragic consequences...The spiraling deficits, unfunded pension liabilities, and the retirement of baby boomers means that the perfect storm is headed our way. Words: 717

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