I spent the last month rebuilding the US federal budget from 1970–2024 to find the 'Taproot' of our fiscal collapse.

The math suggests we don't have a sovereign debt crisis; we have a pricing crisis.

I isolated federal healthcare spending and compared it to a baseline of CPI + a 1.7% 'Innovation Premium' (using Germany as a control group).

The findings: Federal healthcare overpayment accounts for $26T of our national debt. Without this 'Monopoly Premium,' the US would have barely 9T in debt today. The Structural Cause: I trace this back to the 1997 Residency Cap (supply freeze) and the 85% MLR (which turns insurers into cost-plus contractors)

I'm interested in the community's feedback on the 'Triple Multiplier' logic (Price + Innovation + Interest).

P.S. I'm currently hosting a deeper discussion on the policy implications of this data over on LinkedIn bit.ly/3YEv6kl