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Most recent US GDP: $17.914 trillion. 9.5% of that would yield an additional $1.7 trillion of net goods and services produced by our economy. For comparison,
by JauntTrooper 11y ago
Most recent US GDP: $17.914 trillion.
9.5% of that would yield an additional $1.7 trillion of net goods and services produced by our economy.
For comparison, we spend ~$0.85 trillion on Social Security and ~$0.6 trillion on defense a year.