..and in other news
- By AzIllini
- Oskee Wow Wow
- 1576 Replies
It isn't quite this simple but the recent low was 35% in 2007; Obama took over in 2008.A dose of reality for everyone. All else is secondary. Must make serious cuts in government and bring back investment to the US. GDP has to be significantly stronger to fix this. Green New Deals, pork and other crap, an unaccountable, unelected bureaucracy with departments that can’t find what they did with $2.5 trillion has put us in this place. It only took about 50 years.
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DOGE is extremely important as the current government is unaffordable, even with higher taxes "on the rich". Politicians love to hand out goodies to get votes and not pay for them. Social Security, Medicaid and Medicare are particularly challenging. I may be wrong but the Biden admin bragged about lowering prescription prices on some popular drugs and I think they accomplished it by giving money to the pharmaceutical companies to make them whole? With an aging population the medical area is going to be particularly difficult.