On the recordJanuary 27, 2010
Nobody believes that that is sustainable.
Source
congress.govNobody believes that that is sustainable.
Stating the consensus on the unsustainability of current debt levels.
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You know, we met with a Congressman on the Ways and Means Committee this morning, and we were on a subject related to this. You really see it with our elderly people who do not have options or options are closing in on them.
We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.