4 ms·
I agree overall! The USSR didn't really "overspend" though. The amount of money it was spending on the military was wildly exaggerated by the CIA and other pe
by TomSwirly 5y ago
I agree overall!
The USSR didn't really "overspend" though. The amount of money it was spending on the military was wildly exaggerated by the CIA and other people who wanted more budget.
The issue was the centrally planned economy and the monthly plans where factories would be effective for one week a month and spend the other three turning raw materials into garbage.
In the end, the USSR was simply unable to deliver sufficient goods and services to its citizens.