3 ms·
As a percentage of GDP, it is only about 5%, granted everyone else is around 2.5%, but if you look at the numbers for example, in world war 2, we were spending
by ohyes 15y ago
As a percentage of GDP, it is only about 5%, granted everyone else is around 2.5%, but if you look at the numbers for example, in world war 2, we were spending about 40% of the GDP.
In actuality we could spend like this perfectly easily and support 'entitlements', we just have to raise taxes...