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I'm guessing it would be hardly noticeable to anybody. Just the federal deficit alone is 50% higher than total military spending. Healthcare expenditure is 5 t
by starspangled 2y ago
I'm guessing it would be hardly noticeable to anybody. Just the federal deficit alone is 50% higher than total military spending.
Healthcare expenditure is 5 trillion, per-capita is around double that of other first world countries, for worse social health outcomes in many objective measures.
Welfare expenditure is 6 trillion, still >10% of the population is in poverty somehow. If you gave that money to everyone living in poverty, they would be getting $200k/year.
I think governments have a problem with wasteful (via incompetence, corruption, and bureaucratic overhead) spending. Sure, saving one % by cutting military expenditure or finding a few % more revenue by increasing taxes on wealthy or corporations might help at the margins. It's not going to be some incredible transformative thing like the online-leftist narrative would have you think.