14 lines
903 B
JSON
14 lines
903 B
JSON
{
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"HubID": "5185",
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"Date": "3/17/2025",
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"HubTags": [
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"External Platform Posts",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "5185__Image_URL.jpg",
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"Summary": "<p>Federal government spending as a percentage of GDP has seen unrelenting growth since the 1930's, largely because of an aging population living longer that draws increasing amounts of social security, Medicare and Medicaid, interest on debt, defense spending that has been growing mostly since the 1980's, and then layer on emergency spending around crises like COVID. Add in state and local, and 50% of GDP is government spending. We don't just cut government spending by firing a few people and cutting back small, insignificant programs. The only way to cut spending is to tackle these big items listed above, especially entitlement programs that are mandatory. </p>",
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"Notes": ""
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} |