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#2191
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what number bigger? | |||
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#2192
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What happens when you spend beyond your means consistently? | |||
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#2193
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spending:gdp | |||
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Last edited by Wonkie; 12-04-2019 at 11:36 AM..
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#2194
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I think I've proven spending has been liberal over the past 30 years. The US wasn't always bankrupt and in debt. Spending wasn't always out of control. Our debt has near quadrupled in just a short amount of years. This shows a clear shift to increase spending.... another way of saying that is "liberal spending". It's become exponential even which makes the relationship quite clear that we've shifted to the left spending over the past 30 years. | |||
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#2195
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#2196
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I know. I wish I had more patience to explain debt to a sub 90 IQer that thinks we are a wealthy country and not literally bankrupt and in trillions of dollars of debt. Bankruptcy and trillions in debt is conservative public spending and not liberal spending right wonkie?
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#2197
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spending:gdp first plz | |||
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#2198
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https://en.wikipedia.org/wiki/List_o...y_expenditures
I can see something which could probably be cut to reduce spending. | ||
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#2199
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#2200
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Where did the money go during this time? Obama’s bail out to the banks amounted to 16.1 trillion dollars. Most of this is still owed to the banks to be paid out between now and 2050. 4.6 trillion was paid out, the rest goes on our balance sheet as debt. Whining about military spending in the face of this is ludicrous. Keep in mind that military spending is 50% of discretionary spending. Not 50% of our total budget. Discretionary spending only accounts for like 25% of our total budget. Almost all of our budget is ‘mandatory spending’ which is almost entirely welfare programs such as social security, snap, Medicare, Medicaid, unemployment etc.... | |||
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