What will happen when America's welfare state collapses?
There's no way in hell the skyrocketing cost of social security, welfare and healthcare can be sustained in the next 10 years
What will happen when America's welfare state collapses?
Cooper Taylor
Jaxson Rodriguez
Category 5 chimp out
Sebastian Turner
It will happen.
We're also going to have a sovereign debt crisis.
It all inter related and it is a cycle.
pic related
Ryan Brown
your chart doesnt account for inflation or growth in the size of the economy or income or GDP.
As a percentage of income what amount is being spent on welfare and is it increasing or decreasing?
Aiden Hernandez
massive if substantiated
David Gutierrez
>in 2011 inflation adjusted dollars
Sebastian Cruz
America is the only country that can freely print money without any bad consequences.
James Nguyen
Still doesn't consider it as a percentage of the total income or factor in the GDP.
Also, this might partially also be because you're paying 100 bucks for shit that literally costs like 2 dollars to make.
Zachary Hernandez
bump.
The collapse is already happening, it's starting at the state level.
Look at Illinois, they are taking 100% of state income to pay state employee pensions.
Governments NEVER pay off their debts.
Carter Scott
When black people claim they deserve reparations, show them this graph.