Duty

VA is for the vets

TRICARE covers reserves too. Ok looks like Im misinformed. Its $52B which is 10% of the entire defense budget. According to mercatus center

Im not sure where I heard 1/3-1/2. Maybe it was calculated differently

Including the VA or some other commitments to perssonel

Well that could include all health care

Which sounds reasonable.

Plus I dont know if 52B include staff costs or just the base med costs.

But I know for a fact it is growing and alarming the planners at DoD

"planners at DoD"

my faith in that .... zero

No faith that DoD plans things out?

Or you think I am some bullshit artist?

No faith in their budgeting ability

mainly

I am worried no matter who wins politically, our country is headed over the edge in 10-20 years financially no matter what happens.

Good thing we don't have any manufacturing anymore to weigh us down.

We bring the whole world with us at least

Yes the budgeting ability is a disaster

I’m rather alarmed myself. Even Trump isn’t doing much to curtail spending

he saved a billion from Boeing, but I think that's about all 😂

No one seems to be able to

10 might be high, 5 is also totally possible.

Well japan has a debt to gdp ratio twice ours and they are still going strong

Yeah well

So they are a pretty good canary in teh coal mine

Japan is the only country worse then us and they're in an unusual spot.

When no one loans them any more money well know how much time weve got

Hahaha.

I'd have to look into it more, the question is how does Japan set up its public services, debt, foreign exposure, ect.

Maybe they're putting all their debt public vs us who have hidden it more in retirement areas.

Social Security and Healthcare.

are what cause it for us

Our SS system is technically never in debt. It's always got more assets than liabilities. However, those assets are government bonds. So our government's debt is mainly debt to itself. Or another way an IOU of our trust fund.

https://youtu.be/3GwDrHOe43E

Lawyer reviews coming YT Armegedon

@codrod Ive also heard retirement funds, even government ones, are wildly underfunded all over America.

Cali has cities that are billions in the red and will come due in the next decade.

who wants to retire? thats how you die young

my grandpa is still working at 94 lol. doesnt have to but keeps him healthy

Start Retirement planning as soon as you get your first job.