Here's Why The US Is Screwed
Still want your entitlements? Grow up, it is time to axe em. Live within your own means and stop being lazy! That's how we will begin recovery.
![the-prior-chart-showed-just-a-single-year-2010-heres-what-the-deficit-looks-like-over-time-as-mary-meeker-observes-if-a-company-were-spilling-ink-like-this-shareholders-would-freak.jpg](/proxy.php?image=http%3A%2F%2Fstatic3.businessinsider.com%2Fimage%2F4d6bbf4fcadcbb0d02050000-900%2Fthe-prior-chart-showed-just-a-single-year-2010-heres-what-the-deficit-looks-like-over-time-as-mary-meeker-observes-if-a-company-were-spilling-ink-like-this-shareholders-would-freak.jpg&hash=16f200ec18084cd2383d9dd4ad643666)
![first-the-big-picture-the-pie-on-the-left-is-revenue-the-money-the-government-has-available-to-spend-the-pie-on-the-right-is-expenses-the-money-the-government-actually-spends-note-the-vast-portion-of-spending-that-comes-from-the-entitlement-programs.jpg](/proxy.php?image=http%3A%2F%2Fstatic1.businessinsider.com%2Fimage%2F4d6bbf8349e2aec77b070000-900%2Ffirst-the-big-picture-the-pie-on-the-left-is-revenue-the-money-the-government-has-available-to-spend-the-pie-on-the-right-is-expenses-the-money-the-government-actually-spends-note-the-vast-portion-of-spending-that-comes-from-the-entitlement-programs.jpg&hash=d0fca69b63a4da0f747a7cab43988504)
![and-dont-let-anyone-tell-you-that-the-problem-is-just-the-recession-here-the-problem-is-separated-into-structural-dark-blue-versus-cyclical-light-blue-were-now-screwed-even-in-good-times.jpg](/proxy.php?image=http%3A%2F%2Fstatic2.businessinsider.com%2Fimage%2F4d6bbf454bd7c88108100000-900%2Fand-dont-let-anyone-tell-you-that-the-problem-is-just-the-recession-here-the-problem-is-separated-into-structural-dark-blue-versus-cyclical-light-blue-were-now-screwed-even-in-good-times.jpg&hash=e7c528d6e5d3d6b251e81a4dd9febf4a)
![basically-over-the-past-15-years-weve-spent-an-average-of-8-more-than-weve-taken-in-that-includes-those-happy-surplus-years-which-are-a-distant-memory.jpg](/proxy.php?image=http%3A%2F%2Fstatic4.businessinsider.com%2Fimage%2F4d6bbf34ccd1d54e75270000-900%2Fbasically-over-the-past-15-years-weve-spent-an-average-of-8-more-than-weve-taken-in-that-includes-those-happy-surplus-years-which-are-a-distant-memory.jpg&hash=2a1a73dd92b171f808d0e8e830ec8120)
![so-whats-the-problem-well-from-a-high-level-the-problem-is-that-the-government-is-doing-a-lot-more-than-it-used-to-heres-how-spending-has-changed-as-a-percent-of-gdp-over-the-past-200-years.jpg](/proxy.php?image=http%3A%2F%2Fstatic3.businessinsider.com%2Fimage%2F4d6bbf3d49e2aeba7b0a0000-900%2Fso-whats-the-problem-well-from-a-high-level-the-problem-is-that-the-government-is-doing-a-lot-more-than-it-used-to-heres-how-spending-has-changed-as-a-percent-of-gdp-over-the-past-200-years.jpg&hash=3cd79833b40cfef7a32885618afe68ea)
![and-heres-a-look-at-the-same-trend-over-time-federal-government-spending-has-soared-from-3-of-gdp-to-24.jpg](/proxy.php?image=http%3A%2F%2Fstatic2.businessinsider.com%2Fimage%2F4d6bbf6dcadcbbf701110000-900%2Fand-heres-a-look-at-the-same-trend-over-time-federal-government-spending-has-soared-from-3-of-gdp-to-24.jpg&hash=8913dca75cdfdeb7074246f449072aaf)
![and-now-lets-start-to-get-a-sense-of-the-portion-of-that-spending-thats-coming-from-the-entitlement-programs-they-started-in-the-1950s-look-how-fast-theyre-growing.jpg](/proxy.php?image=http%3A%2F%2Fstatic3.businessinsider.com%2Fimage%2F4d6bbf3accd1d508770a0000-900%2Fand-now-lets-start-to-get-a-sense-of-the-portion-of-that-spending-thats-coming-from-the-entitlement-programs-they-started-in-the-1950s-look-how-fast-theyre-growing.jpg&hash=d301e5566b43ecd98dacf2df843d3e93)
![were-also-spending-a-ton-on-housing-and-healthcare-especially-relative-to-savings.jpg](/proxy.php?image=http%3A%2F%2Fstatic3.businessinsider.com%2Fimage%2F4d6bbf5349e2ae9a7a0c0000-900%2Fwere-also-spending-a-ton-on-housing-and-healthcare-especially-relative-to-savings.jpg&hash=acf33a57f250cfb9e47b5a86c6ec915f)
![healthcare-spending-growth-alone-is-staggering-its-growing-7x-faster-than-gdp.jpg](/proxy.php?image=http%3A%2F%2Fstatic2.businessinsider.com%2Fimage%2F4d6bbf7649e2aea977230000-900%2Fhealthcare-spending-growth-alone-is-staggering-its-growing-7x-faster-than-gdp.jpg&hash=daa9a8493557a5c20e4c1b1fa086df1c)
![and-now-look-at-the-growth-of-entitlement-spending-11x-over-45-years.jpg](/proxy.php?image=http%3A%2F%2Fstatic1.businessinsider.com%2Fimage%2F4d6bbf634bd7c813083b0000-900%2Fand-now-look-at-the-growth-of-entitlement-spending-11x-over-45-years.jpg&hash=223edf5627683c5573f468383c80f54b)
![by-the-governments-own-estimate-entitlement-spending-plus-the-interest-on-our-debt-will-consume-all-government-revenue-by-2025-freaked-out-yet.jpg](/proxy.php?image=http%3A%2F%2Fstatic3.businessinsider.com%2Fimage%2F4d6bbf5f49e2ae107c010000-900%2Fby-the-governments-own-estimate-entitlement-spending-plus-the-interest-on-our-debt-will-consume-all-government-revenue-by-2025-freaked-out-yet.jpg&hash=cadc7052b1ea52825701fdaa32657a75)
![all-of-this-of-course-adds-up-to-massive-future-liabilities-heres-what-our-unfunded-medicare-medicaid-and-social-security-liabilities-look-like-relative-to-our-current-debt-which-alone-is-frightening.jpg](/proxy.php?image=http%3A%2F%2Fstatic1.businessinsider.com%2Fimage%2F4d6bbf7c49e2ae0c7c040000-900%2Fall-of-this-of-course-adds-up-to-massive-future-liabilities-heres-what-our-unfunded-medicare-medicaid-and-social-security-liabilities-look-like-relative-to-our-current-debt-which-alone-is-frightening.jpg&hash=5a02f0a2fe1885b02d95078509d88c56)
![by-the-way-if-you-exclude-what-were-spending-on-medicare-and-medicaid-the-us-budget-looks-fine-in-fact-were-actually-making-money-dont-you-wish-we-could-just-exclude-those-things.jpg](/proxy.php?image=http%3A%2F%2Fstatic3.businessinsider.com%2Fimage%2F4d6bbf2ecadcbb337f430000-900%2Fby-the-way-if-you-exclude-what-were-spending-on-medicare-and-medicaid-the-us-budget-looks-fine-in-fact-were-actually-making-money-dont-you-wish-we-could-just-exclude-those-things.jpg&hash=ab669484f8d5f2e64792bdc12c2c3f78)
![but-cant-we-just-grow-our-way-out-of-the-problem-sure-if-we-grow-vastly-faster-than-we-ever-have-before-how-likely-do-you-think-that-is.jpg](/proxy.php?image=http%3A%2F%2Fstatic3.businessinsider.com%2Fimage%2F4d6bbf5accd1d5a176330000-900%2Fbut-cant-we-just-grow-our-way-out-of-the-problem-sure-if-we-grow-vastly-faster-than-we-ever-have-before-how-likely-do-you-think-that-is.jpg&hash=56df818162c2b2fa83fb9435e6afea84)
Still want your entitlements? Grow up, it is time to axe em. Live within your own means and stop being lazy! That's how we will begin recovery.
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