3 ms·
Lumping much smaller items in with any of the very small number of huge items in the budget can be misleading, is all, in a “ants are really heavy! Why, this ot
by vundercind 2y ago
Lumping much smaller items in with any of the very small number of huge items in the budget can be misleading, is all, in a “ants are really heavy! Why, this other piece of material with an ant on it is a bit more than ten kilos!”, where the other thing is in fact a ten-kilo piece of steel, sort of way.
One can do things like say, “foreign aid is out of control! Why, our defense and foreign aid spending is XX% of the budget!” to imply that the foreign aid portion of that is more than a rounding error, which it is not.
- tptacek 2y agoI'm sorry, I'm still not following. Yes, Medicare spending is a huge component of total federal spending because Medicare has lots of beneficiaries. But that's true of schools and transportation and, yes, military (which is dominated by opex).