2 ms·
It goes from net revenue to net loss. If the government pays $100 billion in defense contracts they are necessarily collecting less than that in taxes from the
by imgabe 2y ago
It goes from net revenue to net loss.
If the government pays $100 billion in defense contracts they are necessarily collecting less than that in taxes from the employee income.
Spending $100 billion to collect $30 billion in taxes is not sustainable. It's not naive, it's simple arithmetic. The money has to come from somewhere.
- micromacrofoot 2y agoand yet the US has been operating this way for 100 years
- imgabe 2y agoYes, because there are large sectors of the economy that are not just government spending and the government taxes those to support the sectors it does spend on. Every time you take a sector that is private and replace it with one provided by the government, you reduce government revenue and increase government expenses. How many times do you think you can do that? The government is not a magic fairy godmother that produces things you want out of thin air.
- micromacrofoot 2y ago> How many times do you think you can do that? I mean, maybe a couple more times? privatizing healthcare specifically has been studying extensively and is very likely to save large sums of money
- imgabe 2y agoThis is the opposite of privatizing. Publicizing I guess. The government already spends more than it takes in and is $32 trillion in debt. There are definitely a lot of inefficiencies in healthcare, many of them could be solved without the government taking it over.