While I am all for national defense, I am NOT for national bankruptcy! This is TOO MUCH! A half a trillion dollars??!! That’s $2,000 per American! We don’t need to spend that to properly defend this nation.
It not the total amount spent but the total amount spent vis via the whole pot that counts
It is a matter of perspective and over all income. For the USA this is no big strain to spend on Defense.
To put it in terms you might understand, For you spending $100,000 is an proably an unbearable amount of spending, for Bill Gates it’s pocket change. Same here for the USA.
How much should we spend to defend ourselves? Is $2,000 per person the limit? What is our freedom worth? I’m sure every mother, father, husband, wife or child of a service member would like to know how much is “too much”.
Give me your figure on what your family is worth.
Post 26 this thread, used the link. Read it. Learn something.
And people said that .40 cents a gallon for gas was too much at one time too!
I got a better idea for you.. How about I pay what your house would be worth in 1940 dollars.
Are you ok with that?
We are at war, are you forgetting about this simple fact?
Another way to look at it is national defense costs about 2%/year of total assets protected. The world is a dangerous place and 2% is what it costs. More importantly most new technology originally springs from defense spending. America's great wealth comes from using technology to create more value per worker. The whole reason America is the richest country right now is because of our huge investments in defense technology in the 50s and 60s. That 2% is the best use of tax money there is.