PragerU Monday Video - National Debt: Who Cares?
Monday, June 17, 2019
PragerU Monday Video - National Debt: Who Cares?
The U.S. national debt is massive – so massive that most Americans cannot comprehend it, much less solve it. But a crisis is looming, and a day of reckoning that will affect every American is coming. The Manhattan Institute’s Brian Riedl explains how we got here and what you can do about it.
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The analysis is incorrect. Social Security can be fixed fairly easily, there may be 10,000 a day going on it now but soon there will be 10,000 a day going off it as they die. The real problems are medicare and medicaid. If the costs of these programs are not addressed then the entire Federal budget blows up in 5 years max.
Karl Denninger has been on this for decades:
https://market-ticker.org/akcs-www?singlepost=3446205
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