The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars

The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it.  According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet.  Over the past decade, we have been adding to that debt at a rate of about 1.1 trillion dollars a year, and we will add more than a trillion dollars to that total once again this year.  But when you add in our unfunded liabilities, our long-term financial outlook as a nation looks downright apocalyptic.  According to Boston University economics professor Laurence Kotlikoff, the U.S. is currently facing 200 trillion dollars in unfunded liabilities, and when you add that number to our 22 trillion dollar debt, you get a grand total of 222 trillion dollars. (Read More...)

If “Slow Wifi” Causes “Major Stress”, How Are Young People Going To Make It When Times Get Really Tough?

You won’t believe some of the things that are causing “major stress” for young people in America today.  According to a brand new survey that was just released, 58 percent of all American Millennials believe that “life is more stressful right now than ever before”.  And so what is precisely making life so stressful for our young adults?  Well, apparently their phones are a big part of the problem.  In the survey, “losing phone”, “phone battery dying”, “forgetting phone charger” and “phone screen breaking” were all among the top 20 sources of stress cited by Millennials.  Also making the top 20 were “choosing what to wear” and “washing dishes”.  Here is the complete list(Read More...)

America Has Millions Of Millennial Brats That Need To Move Away From Mommy And Daddy And Start Acting Like Adults

If young adults are America’s future, then they better get their act together. Today, over 30 percent of 18 to 34-year-olds live with their parents or other family members. Meanwhile, marriage rates and fertility rates in the United States have both hit record lows in recent years. Instead of coddling these self-absorbed Millennial narcissists well into their adult years, we need to be kicking them out of the nest and encouraging them to learn to fend for themselves. In many instances, if they do not learn how to act like adults by the time they are 35, they never will. It is time for parents all over America to exercise some tough love, because we are facing a major national crisis. (Read More...)

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