For an overview and a sense of proportion only! 2010 mixed with some 2009, Who will pay all of this? Would we allow a corporation to owe this much, especially in unfunded pension and medical care benefits?
Basic premise: Match revenue and costs by category so that we can maintain integrity and not siphon them off into other categories. Example is Social Security.
The summary above is a way to get an overview and/or a quick reference of the numbers.
The most significant number is that the debt related to government for each taxpayer is $262,000, which was generated by us being fiscally irresponsible, even to the point of stealing from social security and not being smart enough financially to avoid the big mistakes. Congress has been doing the primary job of divvying up all the money, like a kid in a candy store, rather than managing the finances of the country, - and things have gotten to the point of jeopardizing many of the benefits that its members have promised - there needs to be more of an educational program and more of a rational way of making decisions.
DO YOU THINK THAT WE SHOULD HAVE A PRESIDENT WHO ADDRESSES THIS?
Romney will address this and aggressively seek solutions, efficiencies, and much greater effectiveness. That is what he does. That is what drives him - the desire to improve things for all the people involved: ALL AMERICANS.
To date, as of March 10, 2010, President Obama (a nice guy), has no written plan and has not addressed this in a manner to solve it. Apparently many people are satisfied with his rhetoric and promises and generalities, but there has been no action (except for what was forced).
YET MANY POLITICIANS SEEM OBLIVIOUS