Another 633 Billion for Defense....
phobicsquirrel
Posts: 7,347 ✭✭✭
Obama signed a 633 billion dollar defense bill amid concerns...
http://triblive.com/news/editorspicks/3232678-74/bill-obama-billion#axzz2GwCvfOLV
It is truly amazing that with all the squaking about how this country can't afford health care insurance reforms, medicare, medicaid, SS, or anything that will help out "people" but we sure can afford huge tax cuts, and defense spending. Let us not even mention getting our infrastructure up to the 21st century and fix 60 plus year old stuff. I to this day do not know why there isn't huge public outcry to cut the defense budget and move our money into actually preparing for the future and helping this country make investments in itself.
http://triblive.com/news/editorspicks/3232678-74/bill-obama-billion#axzz2GwCvfOLV
It is truly amazing that with all the squaking about how this country can't afford health care insurance reforms, medicare, medicaid, SS, or anything that will help out "people" but we sure can afford huge tax cuts, and defense spending. Let us not even mention getting our infrastructure up to the 21st century and fix 60 plus year old stuff. I to this day do not know why there isn't huge public outcry to cut the defense budget and move our money into actually preparing for the future and helping this country make investments in itself.
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Comments
"If you do not read the newspapers you're uninformed. If you do read the newspapers, you're misinformed." -- Mark Twain
And you'll be hard pressed to find an elected official who wants to cut defense spending --- since nearly every district has some type of defense contractor/parts manufacturer/military base --- and defense cuts = job cuts.
....and who would vote for that?? Can't risk upsetting their constituents (or give ammo to their opponents to run political ads saying you cut jobs) -- can't risk losing re-election.
* I have a new address as of 3/24/18 *
"If you do not read the newspapers you're uninformed. If you do read the newspapers, you're misinformed." -- Mark Twain
Perspective, perspective, perspective.
2) 60 tril over 10 years divides out to about five times what Medicare and SS combined cost last year
Your comparison and your numbers both need better accuracy.
Hell imagine if we as a country spent 1 tril on infrastructure, that would really help us out and fix a lot of problems though it was estimated, what 3 years or more ago that just to get a B rating it would cost some 800 bil or 1.7 tril dollars.
Tell you what, I'm going to go swipe the coins out of grandma's piggy bank and put an IOU in there. That's not debt cause grandma put the money in there.
huh?
2) You're correct, but you missed one crucial point - Medicare/SS/Medicaid aren't static. If payments stayed the same as they are now, there'd be no problem and the programs wouldn't need much more than the most minor of tweaks. The baby boomer retirement is whats going to turn the linear spending into exponential spending in a few years time. The $60 trillion is what's estimated to be needed over the next 10 yrs as more and more baby boomers retire - it's a future projection, not current
"If you do not read the newspapers you're uninformed. If you do read the newspapers, you're misinformed." -- Mark Twain