Friday Links – 20 February 2026

“By 2036, interest costs, Social Security, Medicare, and Medicaid are projected to consume 100 percent of federal revenues.” (All of these are on autopilot.)

Last year, the US may have recorded the lowest murder rate in its 250-year history.

Global spending on climate change now equals $16 trillion.

Cassidy on the FDA: Companies report that they face a “reviewer lottery,” where critical questions hinge on the approach of a small number of individuals at FDA…. This uncertainty dampens investment and increases the time it takes for patients to receive new therapies.

Nearly half of all adults have high blood pressure.