$100 Trillion Dollars.

"According to the most recent Social Security and Medicare trustees report, the unfunded liabilities of these New Deal and Great Society programs exceed $100 trillion dollars. Add the unfunded Medicaid mandates imposed on the states along with the pension liabilities of millions of federal, state, and local government employees and the total becomes almost impossible to comprehend.

Try this on for size. If you confiscated the entire Gross Domestic Product of the US for ten years you couldn't cover all these liabilities.

Confiscate the GDP? That's Communism! OK, how about confiscating half the GDP? Too late, that money is already spoken for.

Combined Federal, State, and Local government spending is now at 37.5% of GDP and heading north. The European Union, our Progressive model, has already passed the 50% mark.

FDR promised that Social Security would never lead to runaway spending. LBJ promised the same for Medicare and Medicaid. President Obama is promising that his Universal Healthcare program will not only pay for itself but will generate savings that can be used to reduce the deficit.

The American people cannot possibly be so stupid as to take these political promises at face value. Somehow supporters must imagine that all these bills can be paid for by "the rich" while 95% of Americans enjoy tax cuts and subsidies. As citizens are invited to stick their hands ever deeper into their neighbors' pockets, a majority of voters must believe they are going to get more than they have to give."

http://www.realclearmarkets.com/articles/2010/03/29/the_dawn_of_a_new_age_in_the_united_states_98396.html