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I would suggest doing research on that subject. The US has one of the world's largest, most expensive social safety nets. The primary problem the US has isn't s
by adventured 7y ago
I would suggest doing research on that subject. The US has one of the world's largest, most expensive social safety nets. The primary problem the US has isn't spending on its social safety net, it's not controlling costs properly (as with healthcare in general) and not directing its spending effectively enough.
The US spends approximately the equivalent of 40% the entire EU economy on its social safety net.
This new spending is a tiny drop in the bucket compared to the existing US spending on its social safety net.
It's precisely why the US poverty rate and US homelessness rate are comparable to Canada and France. Because the US spends very large sums of money on its social safety net.
It's why the US spends $650-$700 billion each year on free healthcare for the poorest 25%.
It's why the total government expenditures in the US are now $8 trillion every year. What do you think that's all going to? Roads? Military? Total government spending in the US is almost 40% of GDP.
You can find the information you're lacking here:
https://en.wikipedia.org/wiki/Government_spending_in_the_United_States https://en.wikipedia.org/wiki/Government_spending_in_the_Uni...
- capableweb 7y agoMaybe in the mandatory spending of the budget, social security is a big part of it, but looking at the discretionary spending which is 50% defense, it sure is a big part of the budget in the US. And sure, US spends a lot on social security, but how effective is it really? "Safety net" is a lot larger than just social security. For everyone to be able to go to the hospital for free is one thing that contributes to a safety net that the US does not have.