Entitlement Spending Is Breaking Our Bank

Most critics of the federal budget get to talking about defense spending first, as it has been on the rise since 2000. But as you can see, we’ve spent more on entitlement programs than defense since 1976.

See larger image

Now, we spend twice the amount on entitlement programs than we do on defense.

For every dollar of GDP, we spend 10-cents on Medicare, Medicaid and Social Security.

This situation will only become more exaggerated. As more Baby Boomers qualify for Medicare benefits health care spending will continue to eat up a bigger portion of our economic output each year.

Something has to give. Watch for major changes as policymakers grapple with the best way to pay for the care of our greying population.

If you haven’t done so already read the Survive & Prosper issue on “Your (Non)Share of Entitlement Programs.”

How CEOs are Earning 335x MORE Than Their Own Employees

What if I told you up to 95% of companies currently trading on the stock market today are essentially stealing money right out of your pocket!? This includes some of the biggest names in the corporate world… companies that trade millions of shares a day, who you might be invested in right now!

Discover just how far the deceit on Wall Street goes and how you can still uncover many lucrative opportunities in the stock market today, in our new infographic: How CEOs are Earning 335x MORE Than Their Own Employees

LEARN MORE
Categories: Economy

About Author

Adam O'Dell has one purpose in mind: to find and bring to subscribers investment opportunities that return the maximum profit with the minimum risk. Adam has worked as a Prop Trader for a spot Forex firm. While there, he learned the fundamentals of trading in the world’s largest market. He excelled at trading the volatile currency markets by seeking out low-risk entry points for trades with high profit potential. An MBA graduate and Affiliate Member of the Market Technicians Association, Adam is a lifelong student of the markets. He is editor of our hugely successful trading service, Cycle 9 Alert.