Link: http://bellaciao.org/en/spip.php?article21215

Our country is bankrupt. It’s not bankrupt in 30 years or five years. It’s bankrupt today. Want proof? Look at President Barack Obama’s 2010 budget. It showed a massive fiscal gap over the next 75 years, the closure of which requires immediate tax increases, spending cuts, or some combination totaling 8 percent of gross domestic product. To put 8 percent of GDP in perspective, this year’s employee and employer payroll taxes for Social Security and Medicare will amount to just 5 percent of GDP.