📝 🇺🇸 📖 The Washington Post editorial board issues a stern warning:
The 2030's could be worse than the 1930's.
The problem:
"The budget of the federal government is the largest of any organization in human history. It’s larger than the entire economy of every foreign country except China. And it mostly grows automatically, without regular input from elected officials."
"According to the Congressional Budget Office, 2030 is the year when federal debt held by the public as a share of the economy will exceed the record set by World War II. Unlike in the ’40s, this debt shows no signs of ever declining."
"The year 2030 is also roughly when the ratio of seniors to the total population will reach 1 in 5. As recently as 2008, the ratio was around 1 in 8. Seniors’ rising share of the population mechanically raises Social Security and Medicare costs and pushes them onto a proportionally smaller working population."
"Social Security used to take in more money than it gave out, but that money was spent on other things. The program has run annual deficits since 2010. It is projected to go insolvent in 2032, at which point seniors would receive a roughly one-quarter cut in benefits across the board."
"Medicare’s budget-busting makes Social Security’s look modest by comparison. Of the projected $138 trillion budget shortfall over the next 30 years, $109 trillion is from Medicare."
"The fiscal challenges scheduled to arrive in the 2030s are actually based on optimistic assumptions. They are from the CBO’s baseline estimates, which assume no wars, no recessions, low and stable inflation and no new government programs or tax changes."
https://www.washingtonpost.com/opinions/interactive/2026/08/10/when-americas-budget-will-break-disastrously/
📎 Russ Greene
BREAKING: Pakistan has imposed "lockdown-like" measures amid its fuel and gas crisis due to historically low supply, including fuel allocation reductions and a mandatory 9 PM market closure.
Details include:
1. Pakistan has now mandated all markets to close by 9 PM and the purchase of new government vehicles has been banned
2. The country is also implementing a 50% cut in fuel allocations for government vehicles
3. The government has announced a 5% reduction in non-employee-related spending and banned official foreign visits, urging virtual meetings instead
4. Official dinners have been prohibited, except those hosted for foreign visitors and delegations
Today marks day number 202 of the Iran War.
(@TheKobeissiLetter)
Learn to recognize when urgency is being used to bypass verification, narrow your thinking, or pressure you into acting before you understand the situation. Its value is operational control: confirm identity and authority, assess consequences, then act on verified information instead of manufactured urgency.