Government should always be minimized
invite response
2023 Jul 18, 5:56am 18,353 views 246 comments
by Patrick ➕follow (60) 💰tip ignore
https://boriquagato.substack.com/p/setting-the-stage-for-your-own-execution
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219
DemocratsAreTotallyFucked
2024 Jul 8, 8:56am
DemocratsAreTotallyFucked
2024 Jul 8, 8:56am
If I saw 3 out of 4 of these on TV, does that count?
227
DemocratsAreTotallyFucked
2024 Aug 13, 5:52pm
DemocratsAreTotallyFucked
2024 Aug 13, 5:52pm
DemocratsAreTotallyFucked says
Oh. That is just for July.
Patrick says
Only $244 billion deficit? I call bullshit.
Oh. That is just for July.
BREAKING: The US government deficit hit a massive $1.5 trillion in the first 10 months FY 2024, according to the Treasury Department.
In July alone, the US deficit spending reached a whopping $244 billion.
Total outlays came in at $5.6 trillion and total receipts were $5.6 trillion over the last 10 months.
Social Security was the largest expenditure amounting to $1.2 trillion.
Net interest was the second largest cost, exceeding health, Medicare, and national defense expenses.
230
DemocratsAreTotallyFucked
2024 Aug 16, 3:03pm
DemocratsAreTotallyFucked
2024 Aug 16, 3:03pm
HeadSet says
FICA taxes that go into paying for them.
How is Social Insurance and Retirement a source?
FICA taxes that go into paying for them.
231
AD
2024 Aug 16, 11:50pm
AD
2024 Aug 16, 11:50pm
........
Look at Medicaid which is more than "National Defense"
https://www.statista.com/statistics/245348/total-medicaid-expenditure-since-1966/
It was $887 billion in 2023.
Medicaid has increased by about 6.25% annually since 2000. Explains in part why USA Today reported the one job growth engine is healthcare while the economy cools.
......................
Look at Medicaid which is more than "National Defense"
https://www.statista.com/statistics/245348/total-medicaid-expenditure-since-1966/
It was $887 billion in 2023.
Medicaid has increased by about 6.25% annually since 2000. Explains in part why USA Today reported the one job growth engine is healthcare while the economy cools.
......................
232
AD
2024 Aug 17, 12:02am
AD
2024 Aug 17, 12:02am
DemocratsAreTotallyFucked says
Monitor debt to GDP ratio: https://fred.stlouisfed.org/series/GFDEGDQ188S
Also monitor deficit as a percentage of income/wage tax receipts and total tax receipts, as well as debt service as a percentage of total federal budget
.
BREAKING: The US government deficit hit a massive $1.5 trillion in the first 10 months FY 2024, according to the Treasury Department.
Monitor debt to GDP ratio: https://fred.stlouisfed.org/series/GFDEGDQ188S
Also monitor deficit as a percentage of income/wage tax receipts and total tax receipts, as well as debt service as a percentage of total federal budget
.
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