Feb 21, 2015 | ENTITLEMENTS
This Wall Street Journal editorial concludes that “Looking indefinitely into the future, the unfunded liability is $43 trillion—almost three times the size of today’s economy. Based on more plausible assumptions, such as those reflected in the ‘alternative’ scenario for Medicare produced by the Congressional Budget Office in June 2012, the long-term shortfall is more than $100 trillion.” John Goodman and Laurence Kotlikoff
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