Simple Math Shows America Is Headed for an Economic Disaster

Investing in Exponential Growth Forums Research Simple Math Shows America Is Headed for an Economic Disaster

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    pc_admin
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    The disaster that Druckenmiller sees coming for the United States is all about changing demographics and entitlement spending. They don’t add up to a sustainable situation.

    In 1940, entitlement payments, which include everything from disability payments to Social Security to Medicare, amounted to just over 20% of annual government spending in the United States.

    Today, entitlement spending has swelled to nearly 70% of the annual federal budget.

    http://dailyreckoning.com/simple-math-shows-america-is-headed-for-an-economic-disaster/

     

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