Unsurprisingly, these deficits will be driven by entitlement spending, a fiscal reckoning that has been known for decades. We're now in a political standoff where nobody is willing to make necessary changes and both Medicare and Social Security will run out of cash. Gradual changes that could have been made years ago will now lead to crashing tidal waves of forced reform.
1 comment:
Ha ha! Look at Senator Rick Scott the scalded dog run away from his dream, snarling all the way:
https://twitter.com/sahilkapur/status/1626570514343895040
[NARRATOR: Republicans haven't given up on their dream.]
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