Friday, March 29, 2013

Systemic Debt 2010

This follows up on the previous blog post

Systemic Debt as of 12/31/2010

TCMDO                     53,636
Intragov. Holdings         4,635
FERS (as of 9/30/2010)     5,720
Soc. Security unfunded     6,500
Medicare unfunded          3,000
                         -------
Total Systemic Debt       73,491
                         =======

I said that this had to increase by about 3% per year.  It actually increased by 7.6% from 2010 to 2011.  The theory is that we can keep kicking this can down the road FOREVER.

The next trustee's reports come out in April, so I can run the 2012 numbers then.

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