[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.
![[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.](http://cdn.quoteddaily.com/images/paul-krugman/the-us-budget-is-dominated-by-the-retirement-programs-social-security-and-medicare---loosely-speaking-the-post-cold.jpg)
[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.