Re: Lack of funding is not the real problem

[RC Macaulay]

Jed wrote.. >The US has a tremendous federal budget shortage and a trade deficit, but these are a matter of choice. They are the result of policies set by leaders who feel that deficits are not a serious problem. The U.S. has plenty of money in other parts of the  economy. The GDP is approximately $13 trillion. Howdy Jed.. Scott Burns wrote an op-ed piece in the Houston Chronicle May 15th. Quoting his figures.. US Fed deficit 2005   318 billion    for a total federal gross debt of over 8 TRILLION This is peanuts compared to what happened in Social security, medicare, medicaid and drugs... ready for the  numbers ????????   The unfunded mandate increased in ONE YEAR  $ 3 TRILLION DOLLARS to a total of   $ 32.1 TRILLION Dollars. This is why Donald Rummie stated that .. " deficits no longer matter" They dont!! This is almost 3 times the gross national product of the US. It is the absolute worlds largest pyramid scheme. Enron Execs were convicted of what the politicians practice daily  with a straight face. Richard