by Michael
I have really been struggling to come up with an accurate way of describing the current state of the U.S. economy, because none of the traditional labels seem to apply. Inflation is...
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%...
