usr45OP•

Interesting to note is almost 90% of it is pensions, welfare, defense, or interest spending. If "healthcare" means medicare/caid I'm lumping them in with pensions and welfare, respectively.

2
katelinVoluntaryist•

Interesting to note is almost 90% of it is pensions, welfare, defense, or interest spending.

if my calculations are correct, when this baby hits 88% you're gonna see some serious shit

2
PhigerinadonIgnorance is Strength, War is Peace, Capitalism is Freedom•

Only 11% and 3% on welfare and education respectively, but 23% on defence! Scandalous.

1
SlyerConsequentialist Anarkiwi•

As a comparison, here is the New Zealand budget: http://www.wheresmytaxes.co.nz/

Somehow we manage to only spend 17% of our budget on a full socialised healthcare system vs 24% for America's "privatized" system.

1
SlyerConsequentialist Anarkiwi•

$222.8 billion of interest for $16.8 trillion That's what, 1.3% interest? I want to know who the hell is lending them money at below inflation...

1