Unfunded Liabilities = Unfunded Government Programs
Where will the money come from to pay for these programs?
- Can taxes be increased and/or can the tax calculations be adjusted? bradfordtaxinstitute.com/Freeresources/federal-income-tax-rates.aspx
- Can more money be printed? More money leads to inflation, which increases prices. mises.org/wire/high-price-free-lunch
- Can your benefits from these programs be lowered? Social Security is already advertising less benefits in 15 years. What about Medicare? Medicaid? manhattan-institute.org/html/cuts-social-security-and-medicare-are-inevitable-delaying-reform-will-make-it-worse-11418.html
- Can your retirement benefits be confiscated to pay for these programs? Search "401k Government takeover". sovereignman.com/trends/heres-why-and-how-the-government-will-borrow-your-retirement-savings-18679 /
- If taxes are going up, or more money is being printed, or benefits are being cut, or retirement plans are being confiscated, how do you think the markets are going to react? I'm guessing very erratically.
No one knows what is going to happen, but these are the greatest risks that face everyone. I can help you build a very simple plan that reduces the risks of increased/ excessive taxation, inflation, loss of benefits, increased Government involvement, and market fluctuations.
