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by thecage411
1759 days ago
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This isn't accurate if you are talking about the federal level. A better model in terms of spending is that the federal government is an insurance company with an army. The federal government spends something like 10 times as much on defense as direct educational expenditures and it's still significantly more than education if you include things like loan financing in education. |
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I mean, OK, but that's only because the second part of your comparison isn't a federal government responsibility and there are only certain targeted initiatives (mostly pork-barrel) that fall into that category. Same for federal spending on education.
But when you look at all government spending on education, it's very clear that we spend more on education (5% of GDP, not counting loan guarantees) than on defense (3.7% of GDP). Except education is funded by local government whereas defense is funded by the federal government.