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by dahfizz
1505 days ago
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> What we don't do is spen d all our money on a military industrial complex I know it's a bit of a meme, but military spending is far from our only problem. We could cut military spending to $0 and not even make a dent in the defecit, let alone be able to cut taxes. Social security, Medicare, and medicaid together make up 42% of federal spending. (Not to mention food assistance, housing assistance, unemployment, or the dozens of other programs). The US spends a lot on social programs! We just don't get much of anything for it. EDIT: for completeness - defense spending was 12% of the federal budget in 2021. [1] https://www.thebalance.com/u-s-federal-budget-breakdown-3305... |
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One big difference of course is that here in NZ the govt owns the hospitals and doesn't run them for profit, no one takes a cut providing insurance either. We bulk buy pharma for the entire country. We also have a no-fault accident insurance scheme that takes personal injury out of the courts (fewer courts, fewer lawyers, smaller law schools in universities)