Description
The Real Reason the US is Going Broke 🛑
Even if you completely remove interest payments, the US government is running a massive deficit. From millions of dollars per missile flying in the Middle East to the compounding costs of replenishing military stockpiles, government spending is spinning out of control.
But defense spending is only half the battle. With an aging population, massive entitlement programs like Medicare, Medicaid, and Social Security are fast approaching a breaking point where the money flowing in won't cover the money flowing out. #nationaldebt #shorts #financeeducation