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$100B isnt really all that much as compared to California's GSP of $2.5T [0]. The US spent, percentage wise, quite a bit more on the wars in Iraq and Afghanista
by ac29 10y ago
$100B isnt really all that much as compared to California's GSP of $2.5T [0]. The US spent, percentage wise, quite a bit more on the wars in Iraq and Afghanistan: $2.4T [1] out of $18.6T GDP [2].
[0] https://en.wikipedia.org/wiki/Economy_of_California https://en.wikipedia.org/wiki/Economy_of_California
[1] https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War
[2] https://bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm https://bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
- knowaveragejoe 10y agoGDP isn't the amount of money the government has sitting around to invest, though.