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The US federal government alone (not including state and other local governments) spends north of $1 trillion dollars per year on healthcare. https://fiscaldat
by lotsofpulp 1y ago
The US federal government alone (not including state and other local governments) spends north of $1 trillion dollars per year on healthcare.
https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/ https://fiscaldata.treasury.gov/americas-finance-guide/feder...
Another $1.3 trillion on wealth transfers from workers to non workers (including disability). And another $608B on wealth transfers from people with higher income to people with lower or no incomes.
Alphabet and Apple, combined, earned $193B in 2024, from the entire world.
https://www.macrotrends.net/stocks/charts/GOOG/alphabet/net-income https://www.macrotrends.net/stocks/charts/GOOG/alphabet/net-...
https://www.macrotrends.net/stocks/charts/AAPL/apple/net-income https://www.macrotrends.net/stocks/charts/AAPL/apple/net-inc...
How does your suggestion make any difference, other than destroying 2 of the very few organizations driving demand for US assets, and hence help support the US dollar's purchasing power?
- the_other 1y agoI didn't suggest anything. I asked "in what way the companies are state-owned?"