Every time I hear someone complain about all the social spending that is being lost by, for example, spending on the military, I have to gently remind them that there is no shortage of social spending in this country.
A few numbers:
- Estimated cost of Iraq war through 2004: $150 billion. Pulled this number off an anti-war site. You can argue it if you want.
- Overall defense spending for 2004 budget: $390 billion. Obviously, there is a considerable overlap with the Iraq spending.
- Other discretionary spending: $429 billion.
- Social Security: $493 billion
- Medicare and Medicaid: $441 billion
- There's an "other" category under mandatory spending of $301 billion. Don't know how that breaks down.
- Percentage of total government budget going to Iraq war: 7 percent
- Percentage of total government budget going to mandatory spending (entitlements) alone: 55 percent
Keep in mind that the social spending is forever. In ten years, the Iraq war will be a memory, and we'll still be spending hundreds of billions on social programs.
- Cost of 9/11 attack, to New York alone: $100 billion. I have never seen an overall total of what 9/11 cost the United States economy as a whole over the past years. Security costs, the effects of a deepened recession, all the rest.
Current Events » in reply to Right...lets just let people die
BTW
The whole thread (32 posts)
- The Bush Legacy: A Record Deficit
- When a 'record' isn't a record
- BUT - It's $100 billion LESS than once projected!!!
- Yeah...I guess...everything is relative
- My America, right or wrong........
- Well yes there is the war on terrorism...
- So, let's all vote for Kerry and his trillion dollar health care program
- Yes...lets...your're finally getting it...
- So Kerry is going to stop the war on terror to save money so old people can get free healthcare?
- BTW, whenever a Democrat mentions "investing," I grab my wallet. (n/t)
- I can't believe the childlike faith liberals have in this concept.
- Would that be spent IN America ON Americans? (n/t)
- Yes...lets...your're finally getting it...
- Yeah...I guess...everything is relative
