Friday, July 4, 2008

US Government Spending

After the question came up about the cost of Defense Expenditures, I found this fantastic site. While I haven't verified the data, the presentation and access to various presentations is extremely powerful and enlightening.

For example: USGOVERNMENTSPENDING.COM by Christopher Chantrill for 2008 shows that the percent of GDP for Defense is 5.092%, for Pensions is 5.117%, and Health Care is 4.757%.

Now, I'm not the most knowledgeable about the Constitution, but I do remember that the Federal Government has the responsibility for Defense. I don't remember any mention of Pensions and Health Care.

The growing cost of Defense depends on the Enemy, but the growth of Pensions and Health Care depend on Socialistic Governmental attitudes, while the reduction depends on Capitalistic attitudes.

Ask yourself, which expenditure do we have a handle on, and which is paying it's own way? Which is performing and which is a promise to be performed on in the future? Which affects the GDP Growth more?

Blame Defense and you ignore the Real Problem.

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