Today on Medical Personal Finance, I have a special treat for you, a joint show with my friend

David Stein, who is the host of the excellent Personal Finance and Investing Podcast called

Money for the Rest of Us.

Back on episode 466 in June of 2017,

I recorded an episode called

The USA's Long-Term Fiscal Gap and Why It Matters to You,

America's Fiscal Insolvency and its Generational Consequences.

And I read an essay by Professor Lawrence Kotlikoff, I believe I read his testimony that he presented

to the U.S. Congress on the subject of what is referred to as the unfunded liabilities of the U.S. government.

Unfunded liabilities are those promises that have been made to citizens of promises of benefits, but promises that have not been paid for

nor has money been allocated to those benefits. Well after I published that

show I received an email from David and he wrote to me and he said

Joshua I think you're wrong about this and we intended to get together and and record

it but I pulled off during the fourth quarter of 2017 and the first quarter 2018 I pulled back from

doing a bunch of interviews and we didn't get it done until now where I

recently got together with him to debate this subject so the audio you're about to hear is David and me sitting down and trying

to figure out who's right. And I think you'll hear the challenge of that. David is a really knowledgeable guy. He worked for many

years as an institutional investor and now of course is his own private investor and then he teaches

investing on his podcast money for the rest of us and I would say that the two of

us would represent a fairly mainstream perspective in our experience. He came from the world of institutional

investment advice. I came from the world of personal financial planning and personal investment

advice, but both of us were involved in fairly mainstream

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