As you know, statistics are never strait forward.
Take a look at why the national debt shown as a percentage of GDP and not per capita. Using GDP is not just a way to show a sustainable debt level, it also reflects the dynamic nature of the economy. As new technology is applied to infrastructure and technologies like IT make their way into the administration of the government, costs will go up.
Here’s just one example, compare the cost of an F86 Saber Jet from the 50’s to a FA 18 Hornet of today.
The government paid $211,000 for a Saber back in 1952. Adjusted for inflation that’s $1,700,000. The cost of an F18, depending on the variant, can be $29million to $57million
So you can’t blame an increase in per capital spending solely on the increase in size and number of government programs and services.
.
Current Events » in reply to Answer to crack addiction: more crack!
Per person
The whole thread (21 posts)
- Answer to crack addiction: more crack!
