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The real problem is that none of that spending actually goes to the people.
by zrn900 3y ago
The real problem is that none of that spending actually goes to the people.
- rayiner 3y agoVirtually all of it goes “to the people.” Even the military budget is mostly payroll or operations (only 18% is procurement going to defense contractors). Social security is checks to individuals. Medicare is checks to healthcare providers.
- zrn900 3y ago> Even the military budget is mostly payroll or operations (only 18% is procurement going to defense contractors) Not in a privatized defense environment where things are marked up 4000%. Yeah, you read that right.
- tptacek 3y agoA lot of those 4000% markup stories are apparently not real, but rather accounting artifacts; they're cases where, like, a wrench bills out at $20,000, but what's actually happening is that the procurement was for a whole stealth bomber, and the cost gets spread across all the line items pro rata.
- zrn900 3y ago> but rather accounting artifacts; That is how money disappears. Like the $3 trillion that the Pentagon 'lost' and still 'cant find'.
- rayiner 3y agoThe 18% is at those marked up prices.