US Today has an article you should read — “Taxpayers owe more than a half-million dollars per household for financial promises made by government, mostly to cover the cost of retirement benefits for baby boomers, a USA TODAY analysis shows. Federal, state and local governments have added nearly $10 trillion to taxpayer liabilities in the past two years, bringing the total of government’s unfunded obligations to an unprecedented $57.8 trillion.”

So how is this going to get paid?

Inflationary money supply. Think Social Security is going to cover more than one week’s grocery bill when you retire in 30-40 years? You are in for a suprise.