{"id":26708,"date":"2011-06-13T22:31:41","date_gmt":"2011-06-13T22:31:41","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/us_is_in_even_worse_shape_financially_than_greece_bill_gross\/"},"modified":"2011-06-13T22:31:41","modified_gmt":"2011-06-13T22:31:41","slug":"us_is_in_even_worse_shape_financially_than_greece_bill_gross","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=26708","title":{"rendered":"US Is in Even Worse Shape Financially Than Greece: Bill Gross"},"content":{"rendered":"<p>Much of the public focus is on the nation&#8217;s public debt, which is $14.3 trillion. But that doesn&#8217;t include money guaranteed for Medicare, Medicaid and Social Security, which comes to close to $50 trillion, according to government figures.<\/p>\n<p>The government also is on the hook for other debts such as the programs related to the bailout of the financial system following the crisis of 2008 and 2009, government figures show.<\/p>\n<p>Taken together, Gross puts the total at &#8220;nearly $100 trillion,&#8221; that while perhaps a bit on the high side, places the country in a highly unenviable fiscal position that he said won&#8217;t find a solution overnight.<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/id\/43378973\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Much of the public focus is on the nation&#8217;s public debt, which is $14.3 trillion. But that doesn&#8217;t include money guaranteed for Medicare, Medicaid and Social Security, which comes to close to $50 trillion, according to government figures. The government<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=26708\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,670,595,592,149,119,617,675,616,151,667,618,673,669,584,672],"tags":[],"class_list":["post-26708","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-budget","category-credit-markets","category-currency-markets","category-economy","category-globalization","category-house-of-representatives","category-medicare","category-office-of-the-president","category-politics-in-general","category-president-barack-obama","category-senate","category-social-security","category-the-national-deficit","category-the-u-s-government","category-the-united-states-currency-dollar-etc"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/26708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26708"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/26708\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}