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Episode 309: Liabilities, Rights, the Commerce Clause, and Significance

Words & Numbers

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Is Social Security Really a Debt?

The federal debt right now is 30 plus trillion dollars. When you add in the unfunded liabilities, it's 130 trillion dollars. The margin of error here is like 100 trillion dollars and put that in perspective. That's the GDP of the entire planet, 100 trillion dollars - three times our massive federal debt.

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