3 ms·

It would be far more fair to say that we have no problem with infinite funding for non-discretionary entitlement spending, since that's most of that the Federal

It would be far more fair to say that we have no problem with infinite funding for non-discretionary entitlement spending, since that's most of that the Federal Government spends money on. Military spending in the US is not wildly outside of the norm for the developed world as a percentage of GDP, and money spent to "bail out banks" is a rounding error in terms of spending, and has historically turned a profit for the Federal Government. One of the largest sources of research funding in the US is actually the Department of Defense. As for why research doesn't get more funding, sadly there is a faction in the US government that is opposed to universities and to government spending in general, and views research funding as easy to cut without provoking public outcry among their core voting demographics. This is the same reason that the Department of Defense is now such a large part of research funding, that same voting demographic is far more vocally opposed to reducing military spending.

adamsea 6y ago
What is entitlement spending? These? "Social Security and Medicare are sometimes called "entitlements," because people meeting relevant eligibility requirements are legally entitled to benefits, although most pay taxes into these programs throughout their working lives." https://en.wikipedia.org/wiki/Expenditures_in_the_United_States_federal_budget#Mandatory_spending_and_entitlements https://en.wikipedia.org/wiki/Expenditures_in_the_United_Sta...
- dodobirdlord 6y ago
  Pretty much, “entitlement” isn’t a technical term but it refers to government spending on pre-defined benefit programs. A better term above might have been Non-discretionary Spending, but most of it is entitlement spending. And yes, Social Security and Medicare are the two most significant components, followed by Medicaid as the third. Those three plus interest on debt constitute the majority of the federal budget.
  - adamsea 6y ago
    For sure. I was just trying to be sneaky and point out that we pay taxes for our "entitlements" so even though it's an accepted term, I think it's an inaccurate one and implies things about the programs people call "entitlement" programs which aren't true.

adamsea 6y ago

What is entitlement spending? These? "Social Security and Medicare are sometimes called "entitlements," because people meeting relevant eligibility requirements are legally entitled to benefits, although most pay taxes into these programs throughout their working lives." https://en.wikipedia.org/wiki/Expenditures_in_the_United_States_federal_budget#Mandatory_spending_and_entitlements https://en.wikipedia.org/wiki/Expenditures_in_the_United_Sta...

dodobirdlord 6y ago
Pretty much, “entitlement” isn’t a technical term but it refers to government spending on pre-defined benefit programs. A better term above might have been Non-discretionary Spending, but most of it is entitlement spending. And yes, Social Security and Medicare are the two most significant components, followed by Medicaid as the third. Those three plus interest on debt constitute the majority of the federal budget.
- adamsea 6y ago
  For sure. I was just trying to be sneaky and point out that we pay taxes for our "entitlements" so even though it's an accepted term, I think it's an inaccurate one and implies things about the programs people call "entitlement" programs which aren't true.