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Interest payments soon to be larger than Medicaid, national defence

#1
(This post was last modified: 11-12-2018, 08:06 AM by mikesez.)

https://www.newsweek.com/defense-debt-us...st-1210907
tax cuts have increased the deficit and risk increasing it to an unsustainable level.
The economic activity that they have stimulated has also stimulated higher interest rates.
soon the government will spend more on interest than it spends on Medicaid or National Defense.
Turns out that "capitalism" might be more expensive than "socialism".
Also note that nearly all federal interest payments go to very wealthy people in this country.
So don't get too upset, this was all part of the design.  They got most of the tax cuts, they get most of the interest payments, the part where a few more people have jobs is not really the object for them, just the means to the end.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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Interest payments soon to be larger than Medicaid, national defence - by mikesez - 11-12-2018, 08:04 AM



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