AgTalk Home
AgTalk Home
Search Forums | Classifieds | Skins | Language
You are logged in as a guest. ( logon | register )

Liquidity Supernova
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Von WC Ohio
Posted 4/21/2017 10:59 (#5975212 - in reply to #5975189)
Subject: RE: Plus...........



Healthcare spending on it's current track is set to consume 2 trillion out of a roughly 3.54 trillion annual federal budget within 5 years.

https://market-ticker.org/akcs-www?post=231928

"the Federal Government spent $1,417 billion last fiscal year on Medicare and Medicaid, up from $380 billion in 1998, which incidentally was 37% of all federal spending last year -- and it's accelerating at ~8-9% a year as it has been for the last several decades (with some notable outlying years.)

At this rate it will cross $2,000 billion, or more than half (by a good margin) of the current federal budget within 5 years.  That will blow a $600 billion additional annual deficit hole in the budget into a rising rate environment which the government will not be able to finance.

That's math, not politics."

Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)