Perhaps ironically, I was first made aware of this issue by Irwin Schiff (Peter's father) in his book "The Biggest Con" (circa 1979).
Collectively, unfunded liabilities are more than 6.2x larger than our national debt. When broken down to the level of the citizen, each US citizen would need to cough up $643,535 to cover these liabilities.
These unfunded programs are Ponzi Schemes.
https://www.tftc.io/the-elephant-in-the-room-unfunded-liabilities/
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