The Inconvenient Truth about Fiscal Armageddon

cfo.com — The national debt has swollen to $9.6 trillion and with the value of unfunded public promises (if you include entitlements such as Social Security and Medicare) nudging it to $53 trillion—or $175,000 for every American—and rising. On current trends, these will amount to some 240% of GDP by 2040, up from a just-about-manageable 65% today. Aug 17, 2008 View in Crawl 4