You are setting yourself up as judge-'n-jury - so the task is impossible.
I am familiar only with the boondoggles going on in the bases of Germany. And I know Germans who do not understand how Army personnel can live better than they do. (Because the subsidies afforded to the German army are by no means equal in either quality or magnitude.)
But I agree that the massive waste in expenditure is the DoD. It should have never been allowed to grow so large. This chart alone shows its historical path:
Getting it to $300B should be accomplished somewhat by attrition. But getting it lower will have to come from redefining its mission. I'm all for both. (And note on the above chart how the resumption of increased DoD-budgets coincided with the election of a Replicant PotUS in 2000. 'Nuff said?)
The country has other more Pertinent Priorities of which I doubt most Americans even see clearly ...
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I see you are back peddling that silly graph again. You know it is mainly good to invoke false populist myth. Sure it shows large total spending. But it mixes private and public spending, does not correct for differences in lifestyle nor any of the other factors that enter the data at a highly aggregated level and prefers to develop a fairy tale.
That's because this idea and legislative effort didn't stem from LBJ. These tax cuts were already passing out of committee in 1963 with JFK's support. The fact that the bill didn't make it to the president's desk until three months after Kennedy's death doesn't mean it was the culmination of some brilliant ploy by LBJ to benefit whoever.
Not all policy ever is explained by your preferred "corrupted/bought by the rich" narrative.
But the spending is not so very high in a historical context, if you put it in reference to the economy funding it and look at the history and not a small section selected to fit a populist demand.
Did you forget to mention those are tax brackets?
And so ... ?
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Well it's important to remember. Also over 75% of the budget in WWII was going toward the war. Shall we go back to that as well?
OK, but last time I looked, the US was NOT at war - and yet 52% is still going to the DoD.
It's NOT the best policy - not by a longggggg shot. We can accomplish other and better objectives with the money ...
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You are setting yourself up as judge-'n-jury - so the task is impossible.
I am familiar only with the boondoggles going on in the bases of Germany. And I know Germans who do not understand how Army personnel can live better than they do. (Because the subsidies afforded to the German army are by no means equal in either quality or magnitude.)
But I agree that the massive waste in expenditure is the DoD. It should have never been allowed to grow so large. This chart alone shows its historical path:
Getting it to $300B should be accomplished somewhat by attrition. But getting it lower will have to come from redefining its mission. I'm all for both. (And note on the above chart how the resumption of increased DoD-budgets coincided with the election of a Replicant PotUS in 2000. 'Nuff said?)
The country has other more Pertinent Priorities of which I doubt most Americans even see clearly ...
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Well thats a lie and a pretty big one.
The Left's Worst Inequality Bogeyman Attempt Yet | Economics21
BTW, it's none of your business anyway what we spend our taxes on.
That's bull**** and you know it. Try reading the US Constitution some time, to see what is #1 for the federal govt.
Tiresome argument, employed every time someone on the Right can't convey a reasonable one ...
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Leftwing socialism is tired, useless and doesn't work. Have a nice day.
That's bull**** and you know it. Try reading the US Constitution some time, to see what is #1 for the federal govt.
So Trumps whole campaign is a lie and there is no problem with incomes of the middle class? How absurd can you get? ]
Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.
The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.
Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.
The $916 million loss certainly could have eliminated any federal income taxes Mr. Trump otherwise would have owed on the $50,000 to $100,000 he was paid for each episode of “The Apprentice,” or the roughly $45 million he was paid between 1995 and 2009 when he was chairman or chief executive of the publicly traded company he created to assume ownership of his troubled Atlantic City casinos. Ordinary investors in the new company, meanwhile, saw the value of their shares plunge to 17 cents from $35.50, while scores of contractors went unpaid for work on Mr. Trump’s casinos and casino bondholders received pennies on the dollar.
Aside from satisfying your wealth envy, why should taxes be raised at all? Deficits are good, after all, so just let people keep what they make and increase the deficit.
Studies suggest that (QE) did raise economic activity a bit. But some worry that the flood of cash has encouraged reckless financial behaviour and directed a firehose of money to emerging economies that cannot manage the cash. Others fear that when central banks sell the assets they have accumulated, interest rates will soar, choking off the recovery.
I beg to differ.
In the original posting of the budget-pie I noted also the relative weight of DoD expenditures in respect to other agencies. It is in this manner that we see/understand national priorities. (The Replicants had Obama by the short-'n-curlies in the HofR, from which issues all budget legislation - not by law, but by custom.)
The relative gaps are enormous comparatively, and (to me) beyond comprehension. This country has other far-more-important priorities that are not being addressed.
And some people (present company excluded of course) need a full-scale riot with many deaths in the streets to understand the real misery that abounds in this rich land of ours. How selfish can a nation get?
Then the people turn around and say in wonderment, "Hey! There's somethin goin down out there!"
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Source of the pie-chart please - you cook the books? Anyone can diddle a pie-chart.
Give the Source!
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The usual blah, blah, blah from the Imbecilic Right.
Cretins stuck somewhere in the age of Genghis Khan with their "might is Right" rational of governance. And to do so, they envelop themselves in Ole Betsy with a copy of the Constitution under one arm.
A pathetic sight it is with immense distortion of First Principles marked by a true tyranny by the Moneyed Princes of Darkness who seek to manipulate the political process towards their own ends.
That is, the maintenance of an unfair and unjust governance "status quo" and complete disrespect of the economically disenfranchised ...
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