Sunday, August 19, 2012

All over but the shouting - I've been writing forever that entitlement spending will dwarf the entire federal budget and all the petty problems we squabble about on a daily basis.  Adding mightily to the argument is this long and well-sourced post over at Zero Hedge: "America's demographic cliff: the real issue in the coming, and all future Presidential elections."  Bottom line: the pressures of entitlement spending are growing exponentially at the very time we're already borrowing 32 cents on every dollar of spending.

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