“Trump has now proved he is going to do neither”
How do you know that? For peet’s sake, he’s only been in office for little over a month and yet “you know” he’s not going to do anything about waste, fraud and abuse in Medicare. Maybe you should contact “the psychic friends network” and arrange to get people to pay you for your sage knowledge and advice.
Trump tweets about all sorts of topics. But why doesn’t he ever tweet about the one topic that is going to push the US government over the fiscal cliff more than any other? The federal government spends 37% of its budget on health care programs and this cost has been growing at an average rate of 9% per annum. Seven years into the “recovery” the federal debt total grew 1.4 trillion. Usually we see a recession start before seven years so we are overdue for one. And during the downcycle we see federal revenues collapse while federal outlays skyrocket which means that the debt will go up even much more. Why it all hasn’t imploded yet is because we’re in a US Treasuries bubble just like we had the dotCom bubble of 1998-2000 and real estate bubble of 2004-2006. This bubble is lasting longer thanks to the herculean efforts of the Federal Reserve to keep the bubble brewing. But when it pops then watch out :( However if Trump will “drain the swamp” on runaway racketeering, price fixing, monopolies, and other forms of fraud by med-pharma-insurance providers then we have a chance to reign in the risks from being 100% that we go over the “fiscal cliff”.