What the US has spent on Ukraine is trivial vs the real causes of the Federal budget disaster. Even general defense spending is not the issue.
The inability of Americans to understand their fiscal situation continues to amaze me. Even FR cannot get a grip on it. Its as if there is a channel deliberately blocked in millions of brains.
Medicare + Medicaid increase 2019-2023 - 38% - 2023 tot 1.450 Trillion
SS increase 2019-2023 - 30% - 2023 tot 1.3 Trillion
Interest increase 2019-2023 - 73% 2023 tot 0.65 Trillion
Defense increase 2019-2023 - 19% 2023 tot 0.805 Trillion
Total budget increase 2019-2023 - 38.6% tot 6.1 Trillion
Ukraine aid 2023 0.04 Trillion
Ukraine aid 2023 0.04 Trillion
0.04 Trillion = 40 Billion.
With ~333 million people in the United States, $3 paid by each person raises $1B. $40 billion requires a $120 donation by every man, woman and child in the United States, or $480 for a family of four. The purpose of the United States Government is to serve the American people, not the interests of every foreign people who get themselves embroiled in a kerfuffle with its neighbors.
What the US has spent on Ukraine is trivial vs the real causes of the Federal budget disaster. Even general defense spending is not the issue.
When Medicare/Medicaid, Social Security, Defense, and interest on the debt are paid, the Tax Revenue is exhausted. The rest is all borrowing or just printing money. Just printing money acts like a tax on all the currency in circulation.
https://www.treasurydirect.gov/NP_WS/debt/current
34,598,968,534,947.36 debt as of 2024-04-04
In 1982, under President Reagan, the debt first reached $1 Trillion. It took over 200 years to get there. We are now adding $1 Trillion in less than 100 days.
The last time the debt decreased year-over-year was in 1957 under Eisenhower. As for the supposed surplus under Clinton, the debt went up every year.
We have dug ourselves into nearly a $35 Trillion dollar hole. It is time to stop digging.