The American Empire in a Changing World


Friday, September 21, 2012

David Walker: ''USA $70 Trillion in Debt''

From St Louis Dispatch

''The better-known National Debt Clock is only at $16 trillion and counting, but Walker says it understates the government's debt problem. To get to $70 trillion, he adds unfunded liabilities of Medicare, Social Security and other programs.''

“We have a republic that isn't representative of or responsive to the public,” he said. “It is dominated by special interests and career politicians.”

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