Counting Social Security and Medicare, the US Government spend 20 cents of every dollar to fund the Defense Department. And, worse yet, almost a nickel of the total budget is assigned to Iraq and Afghanistan. And, the $ 700 billion defense budget is the same as China, France, Russia, Japan, Germany, India, Canada, Israel and NINE (9) other countries spend … combined together.
Let us not forget that we spent 25 cents of every dollar on health care. That’s up from about 10 cents on the dollar just 20 years ago. So, you can see that whether you are in love with Obamacare or not, we must get a handle on health care- because the prognosis is that we will have to spend 1/3 of the US budget on healthcare within 10 years, if there is no reform.
Moreover, in spite of the desire of a certain party to fire all government workers, claiming it will save money, it won’t really make a dent. Because 65% of the federal employee base is from the armed services and civilians assigned to departments of Defense, Veterans Affairs, and Homeland Security. So, we can’t theoretically save 11 cents of every dollar (like having no employees would work anyway), but it sure did make a good sound bite, didn’t it?
I must be having a crabby day because I read this and thought “It doesn’t matter. The government will always figure out more ways to take our money and spend it.” It’s really awesome (and by awesome I mean not awesome) that we’re told to save and get a handle on our debt personally – and we’re declined for loans and refused credit – but the government pretty much gets to keep taking, spending and pretending they’re doing it for us. Sigh.
Carol Lynn recently posted..Marketing In The Goldilocks Zone: How Do You Know When You’ve Got It “Just Right”?
I’m not sure that the government always finds more ways to take money and spend it, Carol Lynn… I am sure that there are lobbyists trying to convince lawmakers to enact regulations and laws that let them get more than their fair share- and that is the biggest problem we face- locally, state-wide, and nationally…
Roy
Wow nice to know about this, I cant imagine that the Us government spend money with this…
Fatima Hipolito recently posted..מיכאל לייטמן
It’s amazing the “spin” that is done about this subject, Fatima…
Yeah sir Roy, the spin is the best there, and its nice to know about this.. you gave me another idea with this sir..
Fatima Hipolito recently posted..Laitman
Super, Fatima!
That I can help you spur on your own business with ideas is among the goals of this blog.
Thanks.
Roy
I agree for what you said sir Roy, in your blogs theres a lot of page that really important to know…
Fatima Hipolito recently posted..activities for adhd students
Fatima:
Thanks for your approbation! So glad you read and learned from my blog. I am honored.
Roy
Yes sir so true, that I learned a lot in here, and to be honest I always sharing in my friends when I see something really important in here…
Fatima Hipolito recently posted..midlife transition
Ah, Fatima, I am so glad that you liked this post. And, honored that you share with your friends…
Roy
Yes sir, because every time that I see a blog that really helpful I will share to them…
Fatima Hipolito recently posted..add college students
Thank you, thank you, thank you!