StarZero All shows Try the podcast clipper →

entitlement spending

2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 23, 2018 by Michael Cembalest · across every show →

Everything said about entitlement spending, oldest first

Apr 23, 2018 neutral
What-if
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)
Apr 23, 2018 bearish
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)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.

Try the podcast clipper Learn more