The original report, which I would bet ten bucks you have never laid eyes on, can be found here.
That paper shows that about 99 percent of that $44.2 trillion is due solely to grossly bloated wealth redistributing "entitlements," i.e. Social Security ($7 trillion) and Medicare ($36.6 trillion).
Everything else the government spends money on, including defense, NASA, roads, schools, and all other welfare programs is mostly lost in the noise.
The highly uncomfortable truth is that the potential destruction of the economy is due to that poor old lady trundling her walker down the sidewalk. Now what?
Blaming the tax cut (0.8 percent of the $44 trillion) for this debt load is like blaming the busted suspension in a car full of 400-pound people on the hamster tucked in one of their pockets.
Current Events » in reply to a reality check on the economy.
re: a real reality check
