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> Federal Support for Hurricane Ian Recovery Climbs Past $1.2 Billion, FEMA Provides Over $581 Million in Individual Assistance to Jumpstart Survivor Recovery

> Federal Support for Hurricane Ian Recovery Climbs Past $1.2 Billion, FEMA Provides Over $581 Million in Individual Assistance to Jumpstart Survivor Recovery https://www.fema.gov/press-release/20221022/federal-support-hurricane-ian-recovery-climbs-past-12-billion-fema-provides https://www.fema.gov/press-release/20221022/federal-support-...

gfhgfdhgdfhgdf 4y ago
This is a fraction compared to subsidies to Ukraine ($40+ Billion) and student loan relief ($400+ Billion)
- philjohn 4y ago
  Aren't the subsidies to Ukraine essentially equipment we don't need, so it's more a write-off of already spent funds rather than net new spending?
- erellsworth 4y ago
  Both of those are a fraction of the US defense budget, which is over 700 billion each year.
  - s1artibartfast 4y ago
    Which is a fraction of pandemic spending, which was on the order of 11,000 billion. I think a lot of people get number blind when it comes to big numbers and government spending. I think they should all be provided in a per capita basis. Pandemic spending was about $45,000 per us adult. Defense spending is about $3,000 per us adult IAN relief is about $5 per us adult
    - erellsworth 4y ago
      I'm curious where you get the 11 trillion figure for pandemic spending. Because that sounds like the total spending for all the G20 nations combined, not just the US.[1] I think the US pandemic spending was "only" around 5 trillion. For comparison, the defense budget over the same period (2019 to 2021) added up to over 2 trillion. 1. https://www.cnbc.com/2020/11/19/g-20-nations-have-now-deployed-11-trillion-post-covid.html https://www.cnbc.com/2020/11/19/g-20-nations-have-now-deploy...
      - s1artibartfast 4y ago
        you are correct that US federal spending was around 5-6 trillion. This excludes ~ 5 trillion in federal reserve spending as it pumped money into the economy, which isn't technically "government spending". Of this. ~2 trillion was spent maintaining repo and other rates for liquidity. About 1.5 trillion in mortgage backed securities were purchased, and about 2.5 trillion in long term securities were purchased.

gfhgfdhgdfhgdf 4y ago

This is a fraction compared to subsidies to Ukraine ($40+ Billion) and student loan relief ($400+ Billion)

philjohn 4y ago
Aren't the subsidies to Ukraine essentially equipment we don't need, so it's more a write-off of already spent funds rather than net new spending?
erellsworth 4y ago
Both of those are a fraction of the US defense budget, which is over 700 billion each year.
- s1artibartfast 4y ago
  Which is a fraction of pandemic spending, which was on the order of 11,000 billion. I think a lot of people get number blind when it comes to big numbers and government spending. I think they should all be provided in a per capita basis. Pandemic spending was about $45,000 per us adult. Defense spending is about $3,000 per us adult IAN relief is about $5 per us adult
  - erellsworth 4y ago
    I'm curious where you get the 11 trillion figure for pandemic spending. Because that sounds like the total spending for all the G20 nations combined, not just the US.[1] I think the US pandemic spending was "only" around 5 trillion. For comparison, the defense budget over the same period (2019 to 2021) added up to over 2 trillion. 1. https://www.cnbc.com/2020/11/19/g-20-nations-have-now-deployed-11-trillion-post-covid.html https://www.cnbc.com/2020/11/19/g-20-nations-have-now-deploy...
    - s1artibartfast 4y ago
      you are correct that US federal spending was around 5-6 trillion. This excludes ~ 5 trillion in federal reserve spending as it pumped money into the economy, which isn't technically "government spending". Of this. ~2 trillion was spent maintaining repo and other rates for liquidity. About 1.5 trillion in mortgage backed securities were purchased, and about 2.5 trillion in long term securities were purchased.