Monday, January 23, 2017

Trump’s
4
Horsemen

The 4 Horsemen of the US Debt Apocalypse: 80 percent of federal government operation costs go to four areas in Health and Human Services, Social Security Administration, Veterans Affairs, and Department of Defense.

What you won’t see is politicians going after any of these areas.  These are political kryptonite.  Old Americans and the military.  You can’t win by cutting anything here. 
  So you can expect this spending to continue for the near future.  But what does this mean in the bigger scheme of things?  
It means shadow inflation through debt. 
  Things that are financed will get more expensive if more debt devices are injected into the system.  Take college tuition for example.  It didn’t go down during the Great Recession but kept on moving up thanks to government backing of loans.
 DYI

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