F*cked Up More Than Usual, a Military acronym for the second level of badness, worse than SNAFU but not as hopeless as FUBAR.
The purpose of this page is for me to comment on whatever I want to comment on, so here goes. As I think about the acronyms I think they really apply to the way our political process has operated for as long as I can remember. I have always believed that our politicians try to create an environment of hope that turns into frustration for the general public, SNAFU.
Over the past 10 or so years I think politics has fallen right into the gutter with political parties so entrenched and unwilling to work together that nothing gets done, FUMTU.
No one is willing to do what needs to be done to secure our children's future. With unfunded liabilities in Social Security, $71 Billion and Medicare of over $37 Trillion who will pay for it. The only politician that has put a plan on the table is Paul Ryan and he is vilified by liberals. Unless something changes Social Security goes broke in 2034 or massive cuts up to 23% will go into effect for those collecting.
One definition of "unfunded liabilities" is: a liability that is owed but does not have enough money set aside to pay for it. As baby boomers retire and reach 65 it will only put more pressure on Social Security and Medicare and look out when interest rates go up... all of these shortfalls are financed with Treasury Bonds and rates are at historic lows, as interest rates rise the interest has to be paid so that means other programs suffer or we raise the debt ceiling which is in disaster mode anyway. We are approaching FUBAR. I am not sure if we are going to recover in my lifetime but I pray we do for my children and grandchildren.