morpheus on Nostr: The next US President will inherit an economic ticking time bomb. On the surface: ...
The next US President will inherit an economic ticking time bomb.
On the surface: America's economy looks unstoppable.
Below the surface: A financial nightmare that's destroyed every great empire in the last 500 years is brewing.
Where is all this government spending happening?
15% of American workers get their paycheck from the government
Federal: 3M
State: 5.5M
Local: 15M
Total: 23.5M government employees
And we wonder why cutting spending is 'politically difficult'..."
On the surface: America's economy looks unstoppable.
Below the surface: A financial nightmare that's destroyed every great empire in the last 500 years is brewing.
Where is all this government spending happening?
15% of American workers get their paycheck from the government
Federal: 3M
State: 5.5M
Local: 15M
Total: 23.5M government employees
And we wonder why cutting spending is 'politically difficult'..."