You know, it's kinda funny. (edited with data correction) - Edit 1
Before modification by Macharius at 29/06/2011 03:13:15 PM
But at the end of the day, we all have to realize that entitlement programs are what is driving us off a financial cliff.....especially Medicare and Medicaid. Without massive reforms and cost reductions with these, we will never dig ourselves out of the current hole and will end up like Greece sooner than most think.
All of 10 minutes ago, I saw a headline stating that the current war debt is ~$2.5T and expected to come to ~$4.0T before combat operations cease. The funny part here is speculating on what the economy would be like now had we not embarked on military adventurism.
I suppose that it's up for debate as to whether or not the source data is accurate, and who the researchers are and what their bias is. I'm not particularly looking for such a debate, as 'true cost' is impossible to attain - but I'd consider the result obtained to be at least ballpark.