How Does The Government Actually Spend Your Money?
The government has two types of spending: mandatory and non-discretionary. Mandatory spending includes things like social security, medicare, military pay, and interest on debt, and must always be paid. Non-discretionary spending includes things like defense, education, and energy departments, and can be cut if necessary to ensure mandatory spending is covered.
Watch more of this short video from Market SELL Signals Starting To Get Triggered. Time to Exit? | Lance Roberts & Adam Taggart.
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