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Have you seen the military spending?
by iscrewyou 7y ago
Have you seen the military spending?
- ekianjo 7y agoYes but still a drop in the ocean of the total national debt.
- IfOnlyYouKnew 7y agoDefence spending 2018 is $700 billion, which happens to be almost exactly the deficit for that year ($780 billion). Cut defence spending to the level of other western countries (i. e. about half), reverse the tax cuts for corporations and you're back to a balanced budget. The debt of $22 trillion is still there, but inflation and economic growth cut it in half in about a decade in real terms.