Karl Denninger | STRAIGHT LINE LOGIC
Let’s talk about the screamfest that is already starting, amplified in the media, about Trump’s budget and the cuts to Medicaid that are embodied in it.
Oh, cuts you say? Yes, cuts. See, Trump knows as do the other politicians that medical spending growing at 9% a year, which is the pattern over the last three decades, will bankrupt the United States. Congress pretends this “won’t happen” but I can tell you with utter certainty they are well-aware of it and in fact senate staffers admitted to me, in person, that they both were aware of it and intentionally ignoring it roughly five years ago.
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