[TheOtherHobbes]

The US military budget is nearly $700bn annually, and NASA's budget is $22.6bn.

For the US government, $300M is pocket money. It's unbelievably negligent not to spend a relatively tiny sum which could avoid total collapse.

It's like owning a very grand house and not paying a few hundred dollars for insurance.

[codingdave]

The US government is operating at a deficit. And budgets are assigned to specific departments, who still try to fit all their programs within it.

A better analogy might be that we all live in a very grand house, but can't afford the mortgage. Sure. a family meeting could certainly find the money in a drawer somewhere. But until we have that meeting, everyone is just sitting in their room doing their own thing.

[stainforth]

This analogy is a fallacy that holds us back. MMT states that our nation is not a house.