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Education related spending in the US is at its highest ever level as a percentage of GDP. Defense spending has been going down on a GDP basis for decades.
by missedthecue 5y ago
Education related spending in the US is at its highest ever level as a percentage of GDP. Defense spending has been going down on a GDP basis for decades.
- moate 5y agoIf I pay you less than what you need by 1000 dollars every month, but then raise your pay by 200 dollars, your pay "is at the highest ever level". Conversely, if I overpay you by 1000 dollars every month but make you take a 2 cent pay cut every year, my spending on you "will be going down for decades". Ratios are great except when they obscure what problem they're supposed to address.
- deleted 5y ago[deleted]
- coredog64 5y agoAggregate US educational spending across federal, state, and local governments has been higher than DoD (plus DoE) spending for as long as I can remember.