The federal budget is on a collision course with Archimedes: most of the spending is on autopilot and will continue to grow out of control, even if Congress cuts discretionary spending to the bone.
And don't think we can inflate our way out of this by devaluing the dollar further… pic.twitter.com/NO2T7uDmRh— E.J. Antoni, Ph.D. (@RealEJAntoni) April 2, 2024