Entitlement Spending

topic on 2 shows · 3 statements across 2 episodes

BigDeal Capital Allocators

3 statements about Entitlement Spending, every show

BIGDEAL Assertion Partly supported
Galloway: 40% of US government spending goes to seniors, heading to 50%
“40% of all spending right now, government spending, goes to seniors. It's about to be 50%, which lowers the amount of money we can invest in technology, R&D, and education, which have a much bigger payoff.”
Scott Galloway Mar 9, 2026 ▶ 20:29 Scott Galloway: The ONLY Savings Strategy You Need
CAPITAL ALLOCATORS Prediction Didn’t hold up
U.S. entitlement to discretionary spending ratio will hit 5:1 within a decade
“Because in 1970, the country spent the same amount on entitlement spending As it did on all of the rest of the non-entitlement discretionary spending. And so that one to one ratio became one and a half to one, then two to one. And now it's three to one, and it…”
Michael Cembalest Apr 23, 2018 ▶ 49:15 Michael Cembalest – Eye on the Market (Capital Allocators, EP.49)
A Bernie Sanders-style tax plan would barely dent the U.S. entitlement ratio
“And secondly, even if you do a Bernie Sanders level tax plan, which is basically taxing everything that moves, it only brings that ratio from five to one back to baby three and a half or 3.8 to one.”
Michael Cembalest Apr 23, 2018 ▶ 50:03 Michael Cembalest – Eye on the Market (Capital Allocators, EP.49)

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