Ain't that the truth! I wish "we the people" had more direct control over the spending. I know we send billions and billions of dollars in foreign aid to other countries and I realize the political necessity of doing so, but we shouldn't be giving away money we have to borrow to get and pay interest on in the first place.
I think we spend 40% on Medicare, Medicaid, and welfare. I could be wrong, but some pie chart I looked at recently show a huge chunk of our money going toward that. I think we need to revamp the whole system and think outside the box for new solutions to old problems.
Ain't that the truth! I wish "we the people" had more direct control over the spending. I know we send billions and billions of dollars in foreign aid to other countries and I realize the political necessity of doing so, but we shouldn't be giving away money we have to borrow to get and pay interest on in the first place.
ReplyDeleteI see that your Defence spending has increased by 81% since 2001 and is now 5 times that of the next big spender - China.
ReplyDeleteI wonder if that's the crux of your countries economic problems? [muses]
I think we spend 40% on Medicare, Medicaid, and welfare. I could be wrong, but some pie chart I looked at recently show a huge chunk of our money going toward that. I think we need to revamp the whole system and think outside the box for new solutions to old problems.
ReplyDeleteV V said: I could be wrong, but some pie chart I looked at recently show a huge chunk of our money going toward that.
ReplyDeletewe spend quite a bit of our GDP on Health too - it seems to be the way of things in developed countries.
V V said: I think we need to revamp the whole system and think outside the box for new solutions to old problems.
We certainty can't go on for much longer with a "business as usual" attitude that's for sure!