Entitlement spending, which includes administrative spending, totals 19% of GDP:
Healthcare spending for the elderly or indigent totals 8.6% of GDP.Retirement income spending totals 6.9% of GDP.Working-age income spending for the indigent totals 3.1%...
In this two-part report, we analyse the recent moves in oil markets. In the first part, we explained the drivers behind the strong rally in prompt oil prices over the past year....