Prince Aleph on Nostr: I just looked at the Monthly Treasury Statement which tracks receipts and payouts of ...
I just looked at the Monthly Treasury Statement which tracks receipts and payouts of the Federal government. The deficit spending in Medicare jumped by 43% in a single month. That's a disaster. Health care costs are spiraling out of control so badly that they're enough to spark another major inflationary crisis by themselves. And that's on top of the fact that inflation has been heading back upward almost this entire year both for consumers and producers.
The scary part is that Centers for Medicare and Medicaid Services was recently about 16% funded or something like that from tax receipts. Now it's at less than 2%. Exponential functions are a bitch.
The next four years are going to be fun as Trump and Congress continue deficit spending into an inflationary nightmare.
The scary part is that Centers for Medicare and Medicaid Services was recently about 16% funded or something like that from tax receipts. Now it's at less than 2%. Exponential functions are a bitch.
The next four years are going to be fun as Trump and Congress continue deficit spending into an inflationary nightmare.