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Chris Watling of Longview Economics reckons that the net present value of spending commitments under the Medicare, Medicaid and Social Security programmes is 276% of GDP.
All families, including those on the streets, should be given a family card and documents so that they can receive the benefits of social security programmes.
So much, also, for the idea that countries that opt for high levels of taxation to fund social security programmes are inevitably inefficient and uncompetitive.
The World Bank has urged developing-world countries to fund social security programmes to lift the incomes of their poorest people, ending a reliance on growth to end poverty.
With unemployment now at 9.1% and income inequality at record levels, the president is hoping to put pressure on Republicans who have staunchly rejected any tax increases and have called for deep cuts in government spending on the US's Medicare, Medicaid and social security programmes.
Brazil built, during 70 years, a relatively strong set of social security programmes addressed to the older population.
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Despite everything else on their plate, there appears to be motivation to restore the Social Security programme to solvency.
Universal credit, the government's flagship social security programme, has been beset with flaws in its design and delivery.
That is a huge sum, roughly enough to eliminate the financing gap in the Social Security programme without any other changes.
During the past 15 years, the Social Security programme had surpluses every year: they were used to fund other government spending, not to pay down national debt.
Indeed, surveys show African Americans tend to be culturally conservative and churchgoing, favour state aid to parents who send their children to private and parochial schools, and are sceptical of the social security programme, a signature issue of the Democrats.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com