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Post subject: Re: Does anyone care about the economy?
Posted: Wed July 10, 2019 5:52 pm
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14268
Quote:
"Two programs — Medicare and Medicaid — are expected to account for 86% of all estimated HHS spending in FY2019," it said.
In the first eight months of this fiscal year, which began in October, HHS spent $834,346,000,000, according to the Monthly Treasury Statement for May. That is up from $731,724,000,000 in the first eight months of last fiscal year.
Through all of fiscal 2018, HHS spent approximately $1,120,500,000,000 — or $93,375,000,000 per month.
Through this full fiscal year, according to the estimate published in the Monthly Treasury Statement, HHS will spend approximately $1,230,273,000,000 — or $102,522,750,000 per month.
In May alone, according to the Monthly Treasury Statement, HHS spent $146,552,000,000.
That equaled about $4.9 billion per day, or $196.98 million per hour, or $3.28 million per minute.
It's time to start eating old people.
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Post subject: Re: Does anyone care about the economy?
Posted: Thu July 11, 2019 12:31 pm
See you in another life, brother
Joined: Thu December 20, 2012 4:45 pm Posts: 6654
Electromatic wrote:
I mean, We (Congress) could enact a law stating that the US HHS will negotiate drug pricing for Medicare and Medicaid.....
but, that would probably effect a few reelection campaigns....
That'd be a great place to start. But Billy Tauzin probably wouldn't like that very much.
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
On one hand you could argue that the Fed is being forward-looking instead of backward looking unlike the summer and fall of 2008, but on the other man I really, really, really hope that they aren't caving to Trump. It's plausible that they're not--his trade policies really are disastrous--but the optics of this aren't good.
_________________ "I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle
Post subject: Re: Does anyone care about the economy?
Posted: Tue October 08, 2019 8:52 pm
Mind Your Tanners
Joined: Tue January 01, 2013 6:03 pm Posts: 9359 Location: Washington State
Maybe - just maybe - we should rethink this 'entirely different ideals are in charge of the entire government every four to eight years" thing we have going.
Hugely reductive statement but I gotta say this bullshit from both parties every time they get their guy in power is annoying. Is it even feasible to remove political appointees from top government positions?
Post subject: Re: Does anyone care about the economy?
Posted: Tue October 08, 2019 10:06 pm
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14268
bune wrote:
Maybe - just maybe - we should rethink this 'entirely different ideals are in charge of the entire government every four to eight years" thing we have going.
Hugely reductive statement but I gotta say this bullshit from both parties every time they get their guy in power is annoying. Is it even feasible to remove political appointees from top government positions?
Yes it’s called the ‘deep state’
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Post subject: Re: Does anyone care about the economy?
Posted: Tue October 08, 2019 11:21 pm
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14268
If you enjoyed that post, please vote for me in the tourney
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Post subject: Re: Does anyone care about the economy?
Posted: Mon November 18, 2019 5:19 am
NEVER STOP JAMMING!
Joined: Sun September 15, 2013 5:50 am Posts: 22393
as a whole they have been kind of muddling along the border for the last few years. part of the issue is German reluctance to use fiscal policies to stimulate the economy. they have a lot of potential firepower but due to a scarred memory of hyperinflation problems (very) long ago, running deficits for the sake of promoting growth is something they are reluctant to do. the rest of europe being economically exposed to them to a meaningful degree ends up bearing the brunt of that choice
_________________ All posts by this account, even those referencing real things, are entirely fictional and are for entertainment purposes only; i.e. very low-quality entertainment. These may contain coarse language and due to their content should not be viewed by anyone
Last edited by 96583UP on Mon November 18, 2019 5:21 am, edited 1 time in total.
Post subject: Re: Does anyone care about the economy?
Posted: Mon November 18, 2019 5:20 am
NEVER STOP JAMMING!
Joined: Sun September 15, 2013 5:50 am Posts: 22393
bigger concern is probably China slowdown
barring the bottom of the bag totally falling out in europe for some unexpected reason
_________________ All posts by this account, even those referencing real things, are entirely fictional and are for entertainment purposes only; i.e. very low-quality entertainment. These may contain coarse language and due to their content should not be viewed by anyone
Post subject: Re: Does anyone care about the economy?
Posted: Mon November 18, 2019 9:51 pm
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14268
bune wrote:
how can you run out of money if it's just numbers in a computer?
LOL
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Post subject: Re: Does anyone care about the economy?
Posted: Tue November 19, 2019 12:49 am
Looks Like a Cat
Joined: Wed April 20, 2016 7:11 pm Posts: 14268
bune wrote:
I should have expected that, but it's a serious question.
I think you are confusing the nominal value of fiat currency with its purchasing power in the global market.
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
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