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Old 12-29-2020, 12:26 PM
biker1 biker1 is offline
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Actually you might want to do a little research yourself because you have it wrong also (and, yes, I did type a B instead of a T, I will use scientific notation from now on). It is $27.5x10^12. I was using an old number from memory, the B instead of T notwithstanding. Regardless, I was responding to the post that suggested SS was 40% of the national debt. It is actually closer to 11% than the 12% I originally posted (assuming $23x10^12 national debt). Are you trying to make some sort of political statement?

Quote:
Originally Posted by tvbound View Post
"the national debt is about $23B."

Ignoring the mistake of using billion instead of trillion, you may want to do a little research on the actual amount. Just in the last 4 years, it went from about $19.9 TRILLION to almost $27 TRILLION. I won't touch on the obvious, but it didn't happen accidentally or in a vacuum.

The National Debt Is Now More than $27 Trillion. What Does That Mean?

Last edited by biker1; 12-29-2020 at 12:42 PM.